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NCHammer

RTY 0.382 fib pullback

Long
E-Mini Russell 2000 Index Futures (CME_MINI:RTY1!)  
NCHammer Updated   
CME_MINI:RTY1!   E-Mini Russell 2000 Index Futures
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
RTY is now approaching the 0.382 fib level corrective wave from the 3rd December to 27th December impulse wave. Will be watching the price action at this level to the 0.50 level to see if a long trade can be executed here.
Comment:
Ok - with the turmoil in the Middle East, the Russell emini has passed beyond the 0.382 level. I will now be watching for a long entry on the 4 hourly chart when the EMA's and MACD turn bullish
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