The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1,993.79 which is a pullback resistance that aligns close to a 23.6% Fibonacci retracement level.
Stop loss is at 2,030.00 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1,984.39 which is a pullback resistance.
Stop loss is at 2,035.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take profit is at 1,916.07 which is a pullback...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,044.43 which is a pullback resistance.
Stop loss is at 2,070.00 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance.
Take profit is at 1,966.22 which is a swing-low...
The Russell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,054.82 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 2,110.00 which is a level that sits above the 61.8% Fibonacci retracement and a pullback...
US2000 could rise towards a pullback resistance and potentially reverse off this level to drop lower.
Sell entry is at 1,987.83 which is a pullback resistance.
Stop loss is at 2,024.47 which is a pullback resistance that sits above the 61.8% Fibonacci retracement.
Take profit is at 1,923.50 which is a pullback support.
High Risk Investment Warning
Trading...
Why is Dow Jones a better indicator to measure the coming recession?
Reference for trading:
E-mini Nasdaq Futures & Options
Minimum fluctuation
0.25 index points = $5
Micro E-mini Nasdaq Futures & Options
Minimum fluctuation
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed...
Today's focus: US2000
Pattern – Descending Triangle Pattern
Support – 1840
Resistance – 1870
Thanks for checking out today’s update. Today, we have run over US2000, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis.
The Russel isn’t a market I normally watch or trade, but the descending...
SP500 stocks are at key 200 level and we are waiting to see which way the crowd takes us next.
Bulls say we soft landed and economy is still strong.
Bears say we have yet to feel the full effect of the tightening and higher costs.
I lean bearish and believe the full effect of rates will take time to hit. In 2005/6 when housing was booming and rates were...
Hello All,
I have made this video which covers briefly on following points for Auto-Chart-Patterns-Ultimate-Trendoscope
1. Indicator components
2. Detailed settings
3. Few key features
4. Info about trading different patterns included
I could not cover alerts in the video due to time constraints. But, alerts is same as that of ...
I discuss how a short term moving average such as a 5MA can be useful to help your brain focus on the swings rather than getting sucked into the randomness of single candles.
Take into account market structure when managing trades. There's times when it pays to be aggressive with cutting profits and tightening stops, and times when you need to let something play out. Having an awareness of what the overall market is doing and what the environment is like can help you make small changes that help you protect capital. For example, if you...
We run through the Russell geometry which is interesting
Starts off similar to the Dow but ends with what I think is a huge distribution top
Let's see what happens
GRI 2022
NOT TRADING ADVICE
"It's Okay to be Wrong, not Okay to Stay Wrong!"
"Better to be out of the market wishing you were in, rather than being in the market wishing you were out!"
Be real careful here as the market internals are weakening quickly. As I mentioned in the last video comments
"Be careful! This is not the same market it was a year ago. Buying the dip may not be a good idea."
