AK_2014

TF - Russell 2000

Long
ICEUSA:RJ1!   None
Notes on the chart

Comments

Watch it now the high is 1166.5 . Only 7 points from the second targets
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LEONES AK_2014
yes it seems you are right here
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AK_2014 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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Forget to say.
Many thanks for your comment.
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LEONES AK_2014
seems that they are trying to manipulate the market up but they can't manage..
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AK_2014 LEONES
I agree with you. Russell is trading now within a tight downward channel.
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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.

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LEONES AK_2014
AK how did you project the bottom?
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LEONES LEONES
basically how did you define these lines? green and blue .
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AK_2014 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.
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