When Generals Run and Soldiers Nap — The Market’s Odd ParadeEver seen an army march where the generals sprint ahead, but the soldiers just yawn and stay behind?
That’s exactly what’s happening in the U.S. futures battlefield right now.
The ES, NQ, and YM — our large-cap “generals” — opened the week above their prior highs, looking ready for victory speeches
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RTY UpdateMFI headed to overbought as expected, movement is small on RSI side. I don't think it'll stay in the upward channel at this rate. Market seems to have lost interest in small caps.
Note that doesn't mean it will tank, mid caps have been sideways since June much like the DAX and rest of Europe.
RTY UpdateCouldn't even hold the bounce I drew, lol. Expecting RTY to break support and fill the TACO gap. Small caps are always the first to fill gaps.
I don't expect to see much of a gap in either direction tomorrow. Held on to a few puts, just EWY (Korea ETF which is basically shorting Samsung) and CAT
RTY UpdateWell, my arrow was right, but I didn't anticipate the algo pump before the Fed. The algos seem confused now because their pump and dump didn't work thanks to Powell.
Not sure if they complete the dump tomorrow or if they try to pump it back up for trade news Thu night. Or Maybe both, lol. Dump i
RTY Small Open GapRTY has a small open gap from the Thurs 1 hr break that does not exist on NQ and ES. Pennant breakdown also looks bearish.
ES did not go oversold on RSI last drop like RTY did, so maybe ES melts up and RTY doesn't? Small caps can diverge from NDX and SPX. Also, RTY didn't break out to a new ATH
RTY Update I expected the algos to pump small caps today because it's at the bottom of the channel that it's been in since April. Went long on ALB after open but bailed on it when the market rolled over before lunch. Made money though, but chart looked to much like yesterday and teh day before to stay in it.
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Displays a symbol's price movements over previous years to identify recurring trends.
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The nearest expiration date for Micro E-mini Russell 2000 Index Futures (Dec 2021) is Dec 17, 2021.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro E-mini Russell 2000 Index Futures (Dec 2021) before Dec 17, 2021.









