Get started
mljones

Tread lightly at 1600

E-Mini Russell 2000 Index Futures (CME_MINI:RTY1!)  
mljones Updated   
CME_MINI:RTY1!   E-Mini Russell 2000 Index Futures
Chart Patterns
2
0
chartpattern
RTY in a range on weekly chart, coming into expected resistance. Likely outcome is to return to the middle of the range.

Bullish intraday bias for now but expecting a reversal.
Comment:
4 Hour Chart Probably on 5th Wave

Final 5th wave push before likely reversal area around 1600 could be very strong so this is not an area to fade yet. However look for a reversal when it gets into the fib zone

snapshot
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.