TF - Russell 2000 — Russell 2000 Mini (ICEUSA:RJ1!) / 2014-12-17 — AK_2014

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Russell 2000 Mini (ICEUSA:RJ1!)

ICEUSA:RJ1! Russell 2000 Mini

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that seems a top to me..why would you buy at those levels?

Which levels?

Yesterday was the projected bottom and the first green line was the trigger line for an uptrend to start. There is a high probability Russell 2000 will test first blue line within 2 days maximum and close above this line, means the market is still strong and will move to the second targets.

Now it seems a top for you, it depends on how you view the market. But for me I see Russell continues trading in a fairly wide range since May.
Calculations show that the next market top will occur next week on Monday / Tuesday so I want to catch this move.

AK_2014

AK how did you project the bottom?

LEONES

basically how did you define these lines? green and blue .

LEONES

They way I do Projections of prices & sentiment zones is very difficult for me to explain or write it in a way that can be easily understood by others.

AK_2014

ok lets' see how it works out

LEONES

You know Russell is very difficult instrument to trade from many professional traders even those who use order flow to fine tune their entries.

Forget to say.
Many thanks for your comment.

AK_2014

seems that they are trying to manipulate the market up but they can't manage..

LEONES

I agree with you. Russell is trading now within a tight downward channel.

Watch it now the high is 1166.5 . Only 7 points from the second targets

AK_2014

yes it seems you are right here

LEONES

Thanks.

Just let me which instruments you like to trade and will check 'em later for you. If there are good high probable trade setups, I will post them here.

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