US2000 trade ideas
Trading scenarios for $RUT for 01-05 March 2021Trend:
Daily/Weekly/Monthly: Down/Mixed/Mixed
#RUT continues to be strongest of the 3 US indices, but Friday was disappointing.
3 possible scenarios:
1) Break of 2163, target 2097 and further 2044
2) As long as 2163 holds, look for longs, targeting 2289, which is a strong R. If we break this R, look for ATH at 2375.
3) 2163 holds and we target 2289. Rejection off 2289, for a move back to 2196.
IMO, scenario 3 is most likely.
Russel small cap 2000 short ideaRussel small cap 2000 moving upside in a paralell channel and now the price arrived to the Channel upper line at 2300 usd. I think it will go down to previously support/resistance at ~2200.
Trade at your own risk.
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US200USD: RUSSEL looks kinda BULLISH to me = LONGThe RUT corrective structure LOOKs soooo BULLISH, I just had to PUBLISH it.
LONG
RUT - LONG Can use R2K futures on this as well, may have a bit more downside potentially to 2200 but I am getting in here and giving it some room
SHORT price broke $2275This publish is meant for educational purposes only. This is not an investment device.
Added RUT Double diagonal... Will post trade details soon..
looking for a buy on this pairtested an area of high importance and candlesticks show a rejection so looking long positions to the upside
SHORT if price breaks support $2275...This publish is meant for educational purposes only. This is not an investment device.
If price breaks $2275 support, then the price action will go to target 2215.
Stop above the top end of the channel.
Will add put diagonal...
Selling Russell 2000 here for a pullbackOverbought, top of its volatilty range, due a pullback, good risk/reward
Russell 2000 long targetThe 2357 area looks good as a long target. This is the 100% fib retracement level and also resistance from the upper band of a trendline from the 2016 - 2018 uptrend. I am not suggesting that price will reverse here, but I am preparing for some sort of impulse correction down from that level which should setup fib levels for potential entry longs. That would be how I will be playing it.
RUT - reversing in a massive CUP & HANDLE pattern?
Russell looks like reversing - many signs that 2174 could be a TOP in place - see my previous idea
BUT the reverse has been very SLOW so far
it looks like a massive top reversal curve or CUP & HANDLE pattern
it could be turning in a massive channel till Friday next week (options expiry) or beginning of FEB
RUT TOP? divergences & harmonic patterns, short from 2174
divergences on main 1W 1M time frames
Wolfe wave on 12H time frame
many divergences on 12H timeframe
spike in sell volume on 1H crossing 55WMA
RUT 60% Crash? Contrarian ViewRUT has been on a tear lately but this could end badly.
Looking at the chart, we can see similar ending patterns like we saw in Mar of 2000.
The Fib retracement at .61 (if RUT crashes) will be similar to the one in 2000 as shown in the chart.
Do your research before investing as this is not an investment advice.
RUT/SPX ratio is just a play on commodity pricesIn short, Russel has more exposure to material prices, and this is reflected in the ratio of the russel to the S&P, which looks extremely similar to the combined price of oil, copper, and soybeans (just as an example of a simple commodity basket).
