USSmallcap short: How much #stimulus needed to #unleashbullShorting this market is difficult, even though patterns look bearish the key question is: Hom much stimulus will we get to turn this bear scenario into a BULL scenario? Thanks you #FED #ECB #BOJ and #chinaShortby MikeOnlineable3
BullishPrevious Post on RUT done on the 09/12/2019 No change in view Still bullish, though there*s a lot of *fears* in the market (too many shorts as compared to longs and cash in sideline) Longby Zoukers0
Another week of upside...Russell 2000 is moving up as predicted in the post below. It appears that there is another week of upside to complete Wave 5 around 1750 after which there are two possibilities: - Russell 2000 would have completed Wave B started in December 2018 at around 1750 and will then drop big in Wave C down to 1280 (as shown below). - Russell is in an uptrend and the current movement from August 2019 is actually Wave 3; Waves 4 and 5 are yet to follow. Regardless, Russell is expected to drop to 1600 after the completion of the fifth wave in both the scenarios. Longby ndau2
RUT update for week ending 14 Feburary 2020Weekly Data Summary Suggests: Current Weekly Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest Long positions. Current chart score suggests that Bullish Sentiment is present. The anticipated upcoming trade range is between 1687.58 - 1727.17 Price Consolidation has formed between: 1610.64 - 1715.08 If RUT is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1712.46 Out of the combined (weekly & daily) indicators monitored, 8.33% are bearish, 91.67% are bullish and 0.00% are neutral The prices are moving with the Trending Moving Average at a standard pace with a moderate market The RSI that monitors bullish strength has a current weekly reading of: Bullish The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull The strength demonstrated over the last 5 weeks is currently: Bullish Daily Data Summary Suggests: Current Daily Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest Long positions. Current chart score suggests that Bullish Sentiment is present. The anticipated upcoming trade range is between 1687.58 - 1706.69 Price Consolidation has formed between: 1680.38 - 1696.54 If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1697.59 The prices are moving with the Trending Moving Average at a standard pace with a moderate market The RSI that monitors bullish strength has a current daily reading of: Bullish The RSI that monitors bearish strength has a current daily reading of: Neutral Bull The strength demonstrated over the last 5 days is currently: Bullish ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **Longby priceprophet5
US2000 Russell aims BearishUS2000 Russell aims for a Bearish target of 1520.00. Technically. Daily range pattern being traded off highs to previous daily lows. Fundamentally. This comes immediately after the Dollar gains momentum as the market digest the statement - FED RATE SEPTEMBER 2019, as the dot-plot shows no additional cuts through the end of 2020. It also shows that ten members are forecasting flat or higher rates this year while seven expect a single further cut. Policymakers are split, and that's good for the greenback. Dollar maintains the positive tone across the board for September Rate Decision, equities fell with the news Shortby HuracanFXUpdated 2
Diary | 2/5/20 | RUT SpreadDescription: Selling into some weakness on the RUT. Justification: - Directional Play? No, neutralizing delta's on existing RUT positions. - Technical: Below the 20 and 50-day moving averages. - Fundamental: Bullish long-term. If/Then: - Take profit? @50% - Where will you hedge? $1725 Strategy Details - Short and Long legs: $1615, $1600 - Short Delta: 0.14 - Duration: Feb 21 Expirationby PhysikUpdated 3
How To Draw Fibonacci Trading WE WILL BE USING FIBONACCI RATIOS A LOT IN OUR TRADING SO YOU BETTER LEARN TO LOVE IT LIKE YOUR FAVOURITE PIZZA. Fibonacci is a huge subject and there are many different Fibonacci studies with weird-sounding names but we’re going to stick to two: retracement and extension. The ratios arise from the following number series: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144… This series of numbers is derived by starting with 0 followed by 1 and then adding 0 + 1 to get 1, the third number. Then, adding the second and third number (1 + 1) to get 2, the fourth number, and so on. After the first few numbers in the sequence, if you measure the ratio of any number to the succeeding higher number, you get .618. For example, 34 divided by 55 equals .618. SOUNDS COMPLICATED RIGHT? So lets use some code to calculate it on the chart for us. The indicators will automatically show the levels & long short signals at the bottom. THE MOST IMPORTANT FIB LEVELS ARE 38.2 50 61.8Longby CeoCodes2224
Russell 2000, supports, resistances and trend line 1stº practiceApplying colors, time frame wise on 2nd º practice. Getting to know chart´s tools...by LongCall75Updated 0
Russell 2000 Supports and resistances Supports and resistances are marked with different colors time-wise and marked twice if they serve as both. The maximum time frame is marked with the extreme left colors avaliable starting with the second one: supports, resistances and so on.. The last price is pink (extreme right)by LongCall75Updated 0
RUT Monthly UpdateMonthly Data Summary Suggests: Current Monthly Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest Long positions. Current chart score suggests that Bullish Sentiment is present. The anticipated upcoming trade range is between 1533.64 - 1694.48 Price Consolidation has formed between: 1266.93 - 1703.81 If RUT is capable of maintaining the current strength as of today, the projection generated from the monthly chart is a target price of 1574.16 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current monthly reading of: Bullish The RSI that monitors bearish strength has a current monthly reading of: Neutral Bull The strength demonstrated over the last 5 months is currently: Bullish Weekly Data Summary Suggests: Current Weekly Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest Long positions. Current chart score suggests that Bearish Sentiment is present. The anticipated upcoming trade range is between 1586.87 - 1641.25 Prices have broken through the consolidation low If RUT is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1561.64 Out of the combined (weekly & daily) indicators monitored, 83.33% are bearish, 16.67% are bullish and 0.00% are neutral Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current weekly reading of: Bullish The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull The strength demonstrated over the last 5 weeks is currently: Bearish Daily Data Summary Suggests: Current Daily Trend (price relationship to the trend MA) is Bearish The price relationship to the moving averages currently suggest Short positions. Current chart score suggests that Bearish Sentiment is present. The anticipated upcoming trade range is between 1601.61 - 1623.19 Prices have broken through the consolidation low If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1590.7 The prices have moved 2.6 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average. The RSI that monitors bullish strength has a current daily reading of: Neutral Bear The RSI that monitors bearish strength has a current daily reading of: Bearish The strength demonstrated over the last 5 days is currently: Bearish ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **by priceprophet3
Small Cap, Global Pandemic Ultra Ultra Bear ScenarioFirst of all, I do not think this will happen, but we have to leave open all possible scenarios. If this corona virus spreads to the US, we can expect the US market to tank like the Chinese market. The most likely pattern being the fall 2018 rate panic tank. I do not see this happening because Trump and his buddies are already taking extreme measures including: - Suspending US entry from China for non-citizens - Mandatory 14 day quarantine (The last mandatory quarantine was for SMALLPOX) IF it spreads though, the market tanks hard. This virus is basically shutting China down, and if it happens here the economy is screwed because it will devastate the service sector. Not gonna bother posting other indices, you guys get the picture. In any case, I am going conservative with any long plays until this whole virus scare is over. Small positions when playingthe bounces.by hungry_hippo8
Tiomarkets Daily Market Commentary 27 Jan 2020A new week sees an old theme dominate. If President Trump had hoped there would be something to detract from his impeachment trial, he got it in the form of the Coronavirus. While the Chinese community attempt to celebrate the Lunar New Year, 81 people have died and almost 3,000 are confirmed ill. Almost 50 cases have been confirmed outside of China although thus far no deaths. In Shanghai, the Holiday has been extended to the 10th February to keep businesses closed. All of this will affect the Chinese economy and potentially the global economy, thus the sharp risk aversion in the markets. Monday would start with moves lower for equity markets and traditional ‘risk-on’ FX pairs such as USDJPY and JPY crosses as well as AUD, NZD and CAD. XAU would continue to benefit as Oil prices moved lower. As the US day gets going, USDJPY has dropped to a low of 108.73 and EURJPY to 119.92. EURUSD would slip to 1.1011 and GBPUSD to 1.3041. AUD, NZD and CAD would weaken to 0.6752, 0.6544 and 1.3199 respectively. Stocks in Asia would move lower led by the Nikkei down 2%. All the major European bourses would also fall sharply, the DAX down 2.7% and the UK FTSE 100 down 2.3%. In the US things were marginally better but the DJ and S&P closed lower by nearly 1.6%, taking the DJ into negative territory for the year. Has the stock market reversal begun or is this just a blip on the radar as the world gets to grips with the coronavirus outbreak? Going forward all eyes will be on JPY crosses and equities if the situation worsens. For today, the moves were sharp, and some would say predictable. But volatility is on the rise and the markets will react to every headline, positive and negative, going forward. I recently commented on the Russell 2000 index and how it was under-performing the other 3 major US indices. The DJ, S&P and Nasdaq have all reclaimed and surpassed their highs of October 2018. The Russell has not. So while we all basked in the euphoria of new record highs to begin 2020, I urged caution as the ‘small business index’ had failed to play a complete catch up. Move forward a week or so and we are seeing the vulnerability of the 3 major US indices in their overbought status as panic sets in with the coronavirus. On the chart in front of you can see the Russell 2000 in green and red and the S&P in orange. The correlation is obvious, but you could argue that the Russell 2000 is leading the way. Keep an eye on this relationship over the coming days, even if we see a partial correction of today’s moves. by Tiomarkets5
RUT update for week ending 20 January 2020Weekly Data Summary Suggests: Current Weekly Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest Long positions. Current chart score suggests that Bullish Sentiment is present. The anticipated upcoming trade range is between 1642.27 - 1689.46 Price Consolidation has formed between: 1645.51 - 1715.07 If RUT is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1636.11 Out of the combined (weekly & daily) indicators monitored, 41.67% are bearish, 41.67% are bullish and 16.67% are neutral The prices are moving with the Trending Moving Average at a standard pace with a moderate market The RSI that monitors bullish strength has a current weekly reading of: Bullish The RSI that monitors bearish strength has a current weekly reading of: Bullish The strength demonstrated over the last 5 weeks is currently: Bullish Daily Data Summary Suggests: Current Daily Trend (price relationship to the trend MA) is Bearish The price relationship to the moving averages currently suggest Short positions. Current chart score suggests that Bearish Sentiment is present. The anticipated upcoming trade range is between 1654.38 - 1672.94 No Conolidation Exists at this time If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1604.05 - 1623.98 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily reading of: Neutral Bull The RSI that monitors bearish strength has a current daily reading of: Neutral Bull The strength demonstrated over the last 5 days is currently: Bearish ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **Shortby priceprophet223
RUT update for week ending 10 January 2020Weekly Data Summary Suggests: Current Weekly Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest Long positions. Current chart score suggests that Bullish Sentiment is present. The anticipated upcoming trade range is between 1657.64 - 1697.98 Price Consolidation has formed between: 1645.51 - 1681.68 Out of the combined (weekly & daily) indicators monitored, 41.67% are bearish, 50.00% are bullish and 8.33% are neutral The prices are moving with the Trending Moving Average at a standard pace with a moderate market The RSI that monitors bullish strength has a current weekly reading of: Bullish The RSI that monitors bearish strength has a current weekly reading of: Bullish The strength demonstrated over the last 5 weeks is currently: Bullish Daily Data Summary Suggests: Current Daily Trend (price relationship to the trend MA) is Bearish The price relationship to the moving averages currently suggest Short positions. Current chart score suggests that Bearish Sentiment is present. The anticipated upcoming trade range is between 1649.10 - 1666.18 Price Consolidation has formed between: 1645.51 - 1678.14 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily reading of: Bullish The RSI that monitors bearish strength has a current daily reading of: Neutral Bull The strength demonstrated over the last 5 days is currently: Bullish ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **by priceprophet1
RUT update for 8 January 2020Daily Data Summary Suggests: Current Daily Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest closing longs and protecting profit. Current chart score suggests that Bearish Sentiment is present. The anticipated upcoming trade range is between 1649.77 - 1666.85 Price Consolidation has formed between: 1645.51 - 1678.14 If SPX is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 3217.67 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily reading of: Bullish The RSI that monitors bearish strength has a current daily reading of: Neutral Bull The strength demonstrated over the last 5 days is currently: Bearish ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **by priceprophet5
RUT update for 7 January 2020Daily Data Summary Suggests: Current Daily Trend (price relationship to the trend MA) is Bullish The price relationship to the moving averages currently suggest closing longs and protecting profit. Current chart score suggests that Bearish Sentiment is present. The anticipated upcoming trade range is between 1657.00 - 1671.80 Price Consolidation has formed between: 1645.51 - 1681.68 If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1626.89 Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction The RSI that monitors bullish strength has a current daily reading of: Bullish The RSI that monitors bearish strength has a current daily reading of: Neutral Bull The strength demonstrated over the last 5 days is currently: Bearish ** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. ** *** I will be traveling from end of November thru end of December. I will update as I am able. ***Shortby priceprophet7
Russel 2000 Index Preparing For a Drop?On Daily it broke the trendline and its making a retest now. I would like to see 3rd trendline touch on H4, but on lower timeframes it looks good. Shortby mk-fx4
possible flat to bearishIm expecting a flat to bearish move after rty move, still trend is up. by thesniper7
SPX/RUT...Let's Watch!BLUF : Euphoric Phase Beginning? or Does it just Spike-Fizzle-Sideways...TBD Spinning Narratives : China/Brexit/Phase-1 Deal (Pure Comedy)/House of Saud (Aramco IPO = Steady-She-Goes)/Fed Endless Liquidity...the making of a Nice Melt-UP.... What could go Wrong? Maintain a Reserve Always... Let's Watch the ShitShow! HEAD SHOTs ONLY!by MikeSansUpdated 4
RUT - breakout is finally hereRUT russell 2000 is at a new 52 week high breaking above very hard resistance and consolidating above 1600 retested area which acted as support and now breaking to new highs looking at the S&P as comparison RUT is lagging and looks like running in the next few weeksLongby A_Swissa5
Equities markets moving risk-on. Russel Breaking out?Major US indicies finally got their convincing breakout after the dump of Christmas 2018. However the Russel has lagged the whole way and has failed breakouts several times (signalling big market pullbacks). Now however the breakout looks more convincing and may have a higher chance of confirming as the bigger indicies continue to push all time highs. Markets going risk-on like this should lead to a counterwave up in the downward trend of Russel/Dow JonesLongby Carlito1012