TF - Russell 2000 Long

ICEUSA:RJ1!1D

Description

⋅ Dec 17, 2014 5:14 PM

Notes on the chart

Comments

AK_2014

⋅ Dec 17, 2014 7:20 PM

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

LEONES

⋅ Dec 17, 2014 9:42 PM

yes it seems you are right here

AK_2014

⋅ Dec 17, 2014 10:09 PM

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.

AK_2014

⋅ Dec 17, 2014 6:42 PM

Forget to say.
Many thanks for your comment.

LEONES

⋅ Dec 17, 2014 6:53 PM

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

AK_2014

⋅ Dec 17, 2014 7:05 PM

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

AK_2014

⋅ Dec 17, 2014 6:38 PM

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.

LEONES

⋅ Dec 17, 2014 6:50 PM

AK how did you project the bottom?

LEONES

⋅ Dec 17, 2014 6:51 PM

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

AK_2014

⋅ Dec 17, 2014 7:15 PM

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.