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David_Warren_Ellison
Aug 2, 2021 9:04 PM

RTY Trend Change + Backtest: Bullish August Long

E-mini Russell 2000 Index FuturesCME

Description

RTY has successfully executed a linear regression crossover on the daily period (where the 14 period linear regression line crosses the 30 and confirms by also crossing the center ribbon 0.2, 14 STDV BB).

RTY has also backtested the crossover without breaking through it (yet). We have an excellent entry here as well as a clear place to exit the trade if the bullish structure breaks down.

Targets are the upper band at 2357 and above.

Trade active

2212.7 long
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