Get started
AidanMDang

RTY [$IWM] | One Last Push to All Time Highs Before A Correction

Short
E-Mini Russell 2000 Index Futures (CME_MINI:RTY1!)  
AidanMDang  
CME_MINI:RTY1!   E-Mini Russell 2000 Index Futures
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Today price broke out from a bearish rising wedge. Since the breakout the Russell has been consolidating within a bullish flag.

Price may break out of this bull flag and move higher (~$1900) where it can complete the retest of the large bearish wedge.

I will look for short opportunities around the ~$1900 psychological level and/or wedge retest.

Downside targets: $1850, $1810, $1750
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.