RTY: Top of the Channel Short
Seems like we are re-testing the top of the channel; good place for good return/risk ratio to target bottom of the channel.
Fundamentally, Russell should be strongest of the major indicies - being longest dollar (versus more internationally exposed names in S&P500 and NASDAQ100); technical targets are somewhat the same across the 3 indices; each targeting 14-16% downside from here assuming the floor breaks.
Fundamentally, Russell should be strongest of the major indicies - being longest dollar (versus more internationally exposed names in S&P500 and NASDAQ100); technical targets are somewhat the same across the 3 indices; each targeting 14-16% downside from here assuming the floor breaks.
Trade closed: stop reached:
hit stops here - can't fight this bullish market.