E-MINI RUSSELL 2000 (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:​RTY1!

IWM

Rejection areas will move the Russell lower...

The big Sunday night gap saw the Russel blow past my target and actually top out at the 127% extension of 1560 rather than the previously posted (linked) 1540 level. Stock indeces are currently filling much of this major gap, in fact the Russel has already filled it while the S&P500 and DOW and especially the NASDAQ have seen more strength keeping their gaps ...

Looking for Russel 2000 to rally into 1540+ zone before any interest in shorts. Midpoint highlighted at the 1501 level. 50% fib goes here.

Short set up found on a 45min chart for the RTY Futures contract. Level is 1589.40-1585.50. 39 tick risk. Target at 1568. RR 4.5:1

The small caps have been killed but I think we may be in for a nice bounce targeting the 1590 area for 30 point upside. Directional Bias: Long Price Target: 1590 on RTY Futures Good Entry: 1548-1555 Risk/Reward: Max risk of 10 points/30 point reward.

Seems like 5 waves are completed and we hav ebulld ivergence bounce coming atleast 10-15 point

Russell first head and shhoulder to 1650 along wiht big one forming 1650-1559 complements bear falg

russell higher tf shows bear flag

Snce russell negatted bear pattern it can be bullish ew count says wave 5 about to start 1722 ichimoku says green 4h

Russell forming multiple head and shoulder if this level hold target 1650

Right into the .764 and they were unloading IWM into the highs.

As you can see RUT bounced off channel line and broke the falling wedge hence bullish

Well measured bearish deep crab with bearish divergence. No doubt in my mind that we are about to go down...

Russell 2000 is overbought with three gaps up on daily and it is time for profit taking. *This information is to be used for educational purposes only.*

Russell approach key area, may pause @ 1600-ish. $SPY $IWM $QQQ $VXX $DIA

Exchange: CME Case#1 Condition: 1. Fibonacci Cluster Red Zone was touched 2. Up Trend was completed by the previous Panic Sell in daily chart Predict: 1. Target#1 = 1490 Other possibilities: 1. Stop = 1600 invest as the predictor...

RUT goes to be delivered higher. Don't be scared.