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 ...
It is interesting to note that RUSSELL:RUT was in the range of about 300 points throughout 2021.
The range is shifted downside in Jan 2022 and the same is still maintained.
The range maintained in 2022 stands at 76.4% Fibonacci level of 2021 range.
The markets are weighing mainly two events, the geopolitical environment and the interest rates. Sadly the world has witnessed the conflict in Ukraine, a a war that nobody will win, and everybody will lose. The markets always react negatively to bad news, and uncertainty.
On December 2021 the SP500 reached an All Time Highs (ATH) as well as the Dow Jones, but...
Russel has finished last ABCDE of its primary triangle, one more small bounce is expected.
The end of the primary cycle coincides with the triangle end of the cycle :
s3.tradingview.com
It also coincides with the triangle end of the supercycle:
s3.tradingview.com
Where is the bottom - I am only guessing, but it looks like it is the end of the road for the Russell.
The Russell 2000 index lost all its gains from 2021 and is now at the pick of December 2020.
I expect 2022 to be the year of this index, that has a lot of undervalued gems, like 2021 was they year of the Big Tech with high multiples.
Looking forward to read your opinion about it.
nobody knows where will it go from here but sure looks like we are at the top of the new rectangle ...
Fun fact: both rectangles have same height using log chart
Bull trap on 5th Nov and trade below its previous resistance at 2340 again.
Continue sideway.
Waiting for a clear breakout to trade
Bias on downside unless January effect come early
RUSSEL 2000 buying and sell opportunity
after long rallye based on Corona Crisis
RUT is about forming a reversal pattern,
This pattern perfectly macth a Fibonnacci extension 1,681/200
This sideway pattern offer both selling and buying opportunity
Russell 2000 trading above resistance level////////////////////////////////////////////////////////////////////////////////// bullish
MIGHT TRADE SIDEWAYS FOR A WHILE -- SELL IF IT BREAKS BELOW THE RESISTANCE LINE
This is not an investment advise.
Hi there. Beginning trader and technical analyst who received my education from TRi school of trader development. *My charts are not financial and/or trade advice and are posted for entertainment purposes.
Another day with head buried in charts. If there are any small cap, bottom hunters like me who have been in there hunting things that seem like they...
Hi,
Seems like NASDAQ will start again its better performance against RUSSELL.
We touched the principal trendline and bounced, we also have a bullish divergence.
A throwback to trendline is a good opportunity to buy Nasdaq and sell Russel if you go for a relative trade.
Good luck,
Must wait for this ratio to turn back down.. and silver will temp to melt-up and surpass it's all time highs. Notice the upwards channel silver is in as defined by the Russel vs silver ratio acting as an oscilator.
RUSSELL
