Russell 200 a Pure sideway..!at the first look, it is pure sideways, and not good for trade! But you can fit a sine wave into this chart and because of the 10-12% range, it could be a good trading setup at the extreme points!!! Watch it closely in the next 2-3 weeks for a potential buy opportunity! by Moshkelgosha2212
RUSSELL BREAK COMING SOON!!The Russell 2000 has been in a year long consolidation pattern - w/ price finding supply above 2315 & demand below 2165 - We are currently opening the month inside last months & last quarters value - which makes price action neutral at the moment - BUT price held up well durning this latest equity selloff showing some relative strength & a possible short term higher low - looking for a break & buildup above 2257 top setup for another test of the highs w/ probability of finally breaking out of this range increasing - however price action below this months open should b considered negative and any bullish setups would have to wait till we move back above. Watch & see how it plays out!!!Longby Captain_Maj3
RUT (Russell 2000 ETF) - Resistance, Support, Trend - 09/05/21RUT has been consolidating between $2123.55 and $2348.03, for this year 2021. Bullish scenario: -RUT price breaks up above resistances to new all-time-highs. -Resistance levels: $2348.03, $2392.66. Bearish scenario: -RUT price pulls back down to test supports below (horizontal and trendline supports). -Support levels: $2240, $2123.55, $2060.54. Note: On the Weekly chart, RUT price has always been consolidating sideways for 2021. by NoFomoChartsUpdated 1
Possible Flat - Triangle combo pattern.8 month sideways correction looking to complete soon.by moneyjeff10
US2000 Up move continue bounce off trendlineUS2000 Up move continue bounce of trendline. Short term and long term limitsLongby oselaji0
RUT swing short Shorting RUT looking for the big support break some time this week/next week. If we break I think we're into a really strong swing down. Shortby holeyprofit222
RUT swing short Wide stop losses here can be above the last high at 2476. Using intra-week/day timeframes can offer much higher risk:reward setups. If a break is made it should be fairly easy to build up a short position in the developing downtrend. Shortby holeyprofit2
Is Another Move Coming for the Russell 2000?The Russell 2000 had a sharp rally in late 2020 and early 2021. Now it may be setting up for a similar move. Notice the triangle forming on the small cap index recently, which is interesting for two reasons. First, it shows that prices are squeezing into a range. Ranges can be followed by breakouts. Second, it shows that RUT made a higher low in September versus August. This is noteworthy because the S&P 500, Nasdaq-100 and Dow Jones Industrial Average all made lower lows this month. Higher lows and modest drops amid periods of volatility are signs of accumulation and relative strength. Speaking of relative strength, this chart shows how RUT’s relative strength has improved since mid-September. (See our Smart Relative Strength script.) Next, the small-cap index has been holding support at its rising 200-day simple moving average (SMA). Finally, the macro backdrop may favor RUT as interest rates rise and investors pivot back toward cyclical reopening stocks. Traders may want to keep a close eye on this chart for a potential breakout if the broader market stabilizes. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.by TradeStation3317
RUS2000USD continuing down side afterRUS2000USD continuing down side after an abc flat correction. Limit is at daily support.Shortby oselaji0
RUT short trade Things can get really interesting for the RUT if we break under this range we've held in for the last 6 months.Shortby holeyprofit0
Russell 2000 will tell us if melt-up in Nasdaq continues...Look for Russell breaking out to upside or downside.Shortby Badcharts112
RUSSELL 2000 hourly chartRUSSELL 2000 hourly chart Buy around 2156 First target 2214.20 Second target 2,250.50 Stop Loss Daily Close Below 2141.00Longby Harmonic.Traders1
RUT swing short Rut's ranged in the same area for over 6 months now and might be starting to break. We currently have a butterfly pattern and what can turn into a head and shoulders with a flat neckline. Brutal breaks come from those when they come to pass.Shortby holeyprofit2
RUT short Like SPX (Linked) RUT shows downtrending properties and is deep into where a retrace would be expected to end. Entering short.Shortby holeyprofit0
The market is talking. Can YOU hear it?Pareto's law says that roughly the top 20% of the market constituents should roughly represent 80% roughly of the overall market cap, and vice versa: the bottom 80% of constituents will represent 20% of the overall market cap. When price seems irrational, and higher cap stocks start to represent more of the market than previous decades, and thus are given a higher weight in the major indices, it can be very useful to look at a large portion of the bottom 80% to get a more rational prospect of market value. Russell 2000 represents many small and mid cap stocks, which are mostly given low weights in large portfolios and indices, compared to larger cap stocks such as TSLA or the FAANG stocks. We get an interesting peek at the overall market value if we look at these companies in the median of the market, in addition to accounting for money supply expansion. We can see that if we account for inflation, the relativity of the money supply in relation to the Russell 2000 has always topped out at about where it is now, in the past 20 years. The price seems to be disconnected from value at the moment, off by a factor of 2 or 3. For the larger caps that are not included in this index, this overpriced factor is probably larger, maybe 5 or 10, given the current conditions of an irrationally large-cap dominated market. Let me know what you think. Do you think the dip of 1200 in 2020 was a valid retest? Or was it just forced participation, coercion by the FED? Do you think that, given such coercion, we're in for a further lower retest when said coercion becomes less effective? CheersShortby fringe_chartistUpdated 116
US-market correction ahead of us?Discussed is our weekly update of the risk model for the US market. Price action of the major US market indices and relevant indicators advise caution. See our homepage for daily updates on trading recommendation for the major US-market indices and ETF's: www.js-techtrading.com Long10:36by JS_TechTrading0
Russell 2000, longWe have green candle confirmation on current support line. Target: yellow channel upper line (2360$). Stop loss: yellow channel middle line 2238$Longby dainiushka0
Bearish RUT, hop in 3x ETF TZA, Bearish GartleyUnderestimated previous confluence area, but HODL because RUT finally dropping and will hit lower lows. Look at current trend and it is obvious that history will most likely repeat itself. Sell when RUT RSI hits below 30. Do not hold too long or will get burnt. Bearish Gartley proving to be correct and trend will very likely continue down much further for following day(s)Shortby youngposty222
RUT short position Adding to my current RUT position. Market wiped up close to the stop but a good rejection before indicating these resistance levels may be important. Scaling up my short. Shortby holeyprofit1
Bearish Gartley on the Russel Visible on the DailyHidden Bearish Divergence on the RSI This should lead to the bearish reversals of alot of midcaps. TZA looks like a good bullish option.Shortby RizeSenpai113
New trading Strategy upgrade -Hi traders, this is my personal trading idea only. Please give an AGREE/ LIKE, my trading strategy is Price Auction - using Chart only, your comments are highly welcome. My chaos drawing is not to predict and guess the further, it is my plan where we are on the chart and how we shall trade on what we see. Good luck guys. Longby QQGuo-Shane1
RUT short trade RUT may starting to form the first parts of a bear move. We've had a 5 wave decline and ABC correction to this. This may have built up a bigger elliot leg. If this is making a big wave 2, the break of the low would be a really strong move starting. Shortby holeyprofit1