Monthly timeframe chart. Price is building up a huge bearish flag, it may try another push to the flag resistance (I would open a short then) but it doesn't look good at all for the Russell 2000. Another strategy is to open a small position now and add if price hits the resistance and is rejected or add is price breaks down the flag support in the weekly...
URTY seeks to yield 3X the Russell . The Russell has lagged the other major indices. This is
probably because this is a big collection of small companies which are weaker in general
and more suspectible to financial pressures like to cost of borrowing to finance growth and
so on. This week the Russell is out performing SPY, QQQ and DIA. These leveraged ETFs...
HELLO GUYS THIS MY IDEA 💡ABOUT RTY1! is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
good morning,
the bulls came in clutch in this last second to put in the fifth leg of a sloppy leading diagonal into wave (1) of a higher degree
this in my eyes confirms a break of downtrend, and the dip that comes is for buying.
expect a deeper dip than usual, as there is still very strong selling pressure, but don't be afraid of it.
i don't think we take out...
