HK_L61

RTY - Russell 2000 a consistent Sell @ Highs

CME_MINI:RTY1!   E-Mini Russell 2000 Index Futures
Independent Producers are being systematically crushed, slowly being
wiped off the Competition Map.

The Map itself is on a well defined Roll Up.

Wreck them, collect them.

Master of the obvious type stuff I know but many seem to cling to their
hopes.

The RUT has a large composition of Mixed Bags to hold.

Weightings:

Consumer Discretionary @ 13.1%
Financials @ 15.1%
Health Care @ 21..11%
Industrials @ 15.35%
Information Technology @ 14.13%

Communications, Consumer Staples, Energy, Basic Materials, Utilities,
Telecoms and Real Estate make up the balance.

A horizontally opposed group of Sectors... On the surface of it, many
would argue it is a balanced Index.

It is certainly not, it is a place where Wall Street Parks $ during periods
of indecision as it is a "Safe Place" for BlackRock and Vanguard to defend
positions.... there are 2,000, but a very few are needed based upon
the Sector weightings.

Total Volatility is Highest for the RTY relative to the ES YM NQ (NQ Being 2nd in VX).

___________________________________________________________________

We anticipate a run back up to the Top of the Range @ 2335, our last sell for
a great many handles due South.

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.