RUSSELL 2000

Boeing has peaked for now on the news that 20% production will be cut.

RUT is practically neutral at the moment as the 1D Channel Down (RSI = 46.549, Highs/Lows = -4.0275, B/BP = -30.2779) keeps the index bearish while 1W (excluding the early Dec - late Jan extreme) supports it (RSI= 49.965, Highs/Lows = 12.4371) from a greater fall. So far Russell is a no-action asset but we are willing to go long on the upward break-out of the 1D...

The Russell 2000 Index, which tends to move before the S&P 500 Index (SPX) has broken below support with strength. On the chart above we can see that the RUT broke through EMA50 and EMA100 like hot butter. This can lead to a retrace as far down as 0.618 Fib. just to start, it can go lower. The MACD is entering the bearish zone with plenty of room left for more...

WARNING: Investing in single equities comes with balance sheet risk, if you want to invest in single equities make sure you understand the volatility of the asset, catalysts, your portfolio is in some way diversified and you have strong risk management.

He who speaks of preference will win the 2020 elections.

While the large-cap stock indexes like the $SPY $SPX $QQQ $DIA have been running higher, they are now at resistance and should stall out or at least slowdown. Small-cap stocks have been building a base for a mega rally that could make the large-cap run look like chump change! See more analysis on the small-cap sector: Click Here

API data released at 4.30pm EST on Tuesday show a "surprise" build, however, with expected weakness in hard data there should be no surprises. EIA data will either confirm or deny API's release.

Despite all the bad news, we are likely to see a bounce occur around these levels.

Hi all, TLT is continue to rise as expected from our update last week. Contrary to popular belief I do believe that $131 will be a meaningful top.

From a macro top-down framework, the current environment heavily favors the bears. The leading data continues to show expected weakness in the economy over the coming 3-6 months. I would love to hear your feedback, have a wonderful day!

Expecting a rally soon for wave B.

Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!

"Boeing Company (The) is expected* to report earnings on 04/24/2019 before market open." Boeing has more downside, however, at a certain price there is value!

Data out this month show slowing business activity & new orders relative to the prior month, compounded with an unexpected slowdown in wage growth, forecasting a pullback from here with a complete patterns is logic.

1 to 1 target for Wave 5 would complete somewhere around $2,940. At present there is no opportunities to buy or sell the S&P 500.

Recent price action in copper looks terrible.

We can see slight higher highs from here, however, I expect to see a reversal somewhere between the current price and $61.60

My concerns of anything more than a pullback are subsiding, Chinese PMI is in expansion once more which is confirming that the majority of poor economic performance is likely finished. Over the next 6 months we expecting to see hard data underperform, compounded with a rising dollar it is a headwind for equities.