RTY Update - No TACO on ThursdayI keep saying that futures gap underneath needs to be filled, and small caps have the longest way to go to get there. So I bought some IWM puts this morning, and decided to hold it even though it looked like a repeat of yesterday right after lunch. I figured MFI wasn't oversold, and worst case, I
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RTY UpdateWell, we got our pump and dump this morning, a bit earlier than I expected, but they made it so obvious it was hilarious. Hope you made some money off of it.
It did go back up more than I expected, so this could be a melt up. We'll find out tomorrow, I think we gap down because European market, e
Trade War? No, we want TACO! RTY UpdateSmall caps went full out into the TACO trade, they pumped the crap out of retail today.
The other indices are acting as if the gap below needs to fill, small caps totally ignored it. That means it's got the most to go down if the gap does need to be filled.
Tomorrow looks like a pump and dump set
Russell 2000 Futures (RTY) Advancing in Wave 5The short-term Elliott Wave analysis for the Russell 2000 (RTY) indicates a five-wave impulse cycle from the May 23, 2025 low. Wave (1) peaked at 2296.5. Pullback in wave (2) corrected to 2146.8. Wave (3) surged to 2510.3, as shown on the one-hour chart. Dips in wave (4) formed a zigzag correction.
RTY UpdateNQ didn't quite finish the gap fill (see NQ1 plot I posted earlier), and I think all of the indices are going to hit oversold on RSI. That's very bearish for RTY because it's going to break the upward channel shown.
Might still go long when RSI and MFI hit oversold, market usually back tests the c
RTY UpdateWell, I moved my stuff into storage, and sold my house in WA. Gold looks topped out (or close enough that I don't want to play it any more), so I'm back in the stock market again.
I noticed today that a bunch of crap stocks like RH bounced today after a selloff the last week or two. One that caug
Markets Mixed Ahead of Data DayMarkets are seeing a nice mix of positive and negative moves on the day today, with the equity and precious metals markets broadly trading lower. The Russell led the equities lower trading down near 0.7% while the Gold and Silver market were lower by over 1% each on the day. Both of these markets ha
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for E-mini Russell 2000 Index Futures (Jun 2021) is Jun 18, 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 E-mini Russell 2000 Index Futures (Jun 2021) before Jun 18, 2021.