Trade ideas
RTY One hour up ChannelRTY one hour time frame is breaking the counter trend line bullish off the one hour time frame. The top of the channel is around +500 Ticks above the support level.
RTY UpdateRTY oversold, NQ is still near overbought.
Maybe we get yet another sector rotation? Starting to get dizzy with all this rotation, lol.
$IWM RTY would be in trouble below 2100$IWM RTY would be in trouble below 2100
This week is a good week to play short if the momentum on the small cap index sells to the downside.
Markets enter the consolidation phase: Russell2000 still bullishI perceive Russell2000 as being in a still bullish phase, however, it might need more time to settle. Today we might see mild pressure to the upside with light volume. Remember, today is a short day for CME. US Stock exchanges are closed.
Another short term hedge opportunity #stocks After the huge run in the Russell I am using the index futures to hedge against long equity exposure in the portfolio. I am not bearish on the market on an intermediate term (weekly) basis but in the short term I think its a prudent time to protect against any potential volatility spike or profit taking in the market especially going into a long weekend. My stop will be above yesterdays high and if the hedge works, price should be heading back into the range (rectangle) from last week
/RTY | Russell 2000 Rejection At Trendline Resistance The Russell rejected at two trendline resistance levels. Watch for a pullback to structure support.
RTY MFI OverboughtNQ oversold, RTY overbought. Looks like more whipsaw, lol, possible sector rotation again.
RTY 15min Gann FanRTY didn't touched 8/1 line et so can still have to go there first to complete gann fan.
$RTY | [$IWM] Potential Short Opportunity Inside ChannelHere is an opportunity to take a countertrend short scalp on /RTY at channel resistance.
**This is not confirmed**
