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cerealpatterns

will small caps save the market or fail at resistance

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E-Mini Russell 2000 Index Futures (CME_MINI:RTY1!)  
cerealpatterns  
CME_MINI:RTY1!   E-Mini Russell 2000 Index Futures
Trend Analysis Chart Patterns Technical Indicators smallcaps russell2000 index daytrading futures
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trendanalysis chartpattern indicator smallcaps russell2000 index daytrading futures
russel is making its high, and the question is will it print this and reverse following the rest of the market lower, or is this resistance breaking on a second touch to melt the market up with more squeeze. right now the hourly is most important. as long as were below nadaraya watson estimate it feels like price belongs toward bottom of envelope and lower horizontal, and if we bounce we should go back toward estimate or upper horizontal.
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