Russell 2000 - The bigger picture...On a daily chart, the Russell is looking great, however, on the weekly chart shown above. The Russell is reaching a resistance on what we can see is a downtrend of lowers highs, and lower lows . Take profits and protect your gains. This is a very bearish flag.Shortby dorfmanmaster2
RUT Update for 11 September 2019 Daily for 11 September 2019 In Bull territory. Price Projection: 1671.02 HMA: Strong Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: None Price-Trend: 2.82x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **Longby priceprophet3
Long with stop below Aug 28th lowabc correction done. too many shorts in this index. More short cover confirmed. Longby Zoukers4
Expecting a Bearish Impulse (STA)All these predictions are made by Quantitative Analysis Algorithms following short term trends. These Quantitative Analysis Algorithms will calculate maximum correction relative to previous impulses. Relative to previous bearish impulse we are now in a bullish correction. So algorithm expecting a short term bearish impulse. Join Our Telegram Channel :- t.me Youtube :- www.youtube.com Instagram :- www.instagram.com Twitter :- twitter.comShortby Quant_Alpha_TradingUpdated 5
RUT Update for 10 September 2019 Daily for 10 September 2019 In Bull territory. Price Projection: 1558 - 1600 HMA: Bull Bull RSI: Bullish Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: None Price-Trend: 1.72x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **Longby priceprophet2
RUT Update for 9 September 2019 Daily for 9 September 2019 In Bull territory. Price Projection: 1558.52 HMA: Bull Bull RSI: Neutral Bull Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: Broken to the high Price-Trend: x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **Longby priceprophet114
RUT - 2 bullish counts for Russell 2000Title pretty much says it all. If the bullish price action continues this week then maybe I can give these counts a bit more credence. Some decent bullish divergence on the RSI to back it up. A more bearish alternative count would be to see the correction continue down to my median line on the pitchfork. Longby tomj24176
RUT Update for week ending 6 September 2019Week update for week ending 6 September 2019 In Bear territory. Projected range for upcoming week 1505.17 - 1456.17 Price Projection: HMA: Strong Bear Bull RSI: Neutral Bear Bear RSI: Bearish BSI: Bearish 5 RSI: Negative Consolidation: In Consolidation between 1450.33 - 1533.49 Price-Trend: .4x ATR Daily for 6 September 2019 In Bull territory. Price Projection: 1375 HMA: Neutral Bull Bull RSI: Neutral Bull Bear RSI: Neutral Bull BSI: Bullish 5 RSI: Positive Consolidation: In Consolidation between 1450.84 - 1521.79 Price-Trend: .28x ATR Comments: A change of chart views. Trying to clean-up from to much data what is presented. Weekly charts are still bearish in a consolidation range. The Daily just became bullish on the 5th. But does it have the strength to continue. Little to no reaction to the NFP and Chairman Powell's Q/A. No expecting the market to break the consolidation high this coming week. What am I showing on this new(ish) chart? Daily: 5 September, confirmed bull trend. But can it hold? Weekly: Bear trend since week of 5 August. ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet5
RUT Update for 5 September 2019 Daily for 5 September 2019 In Bull territory. Price Projection: 1535 HMA: Neutral Bull Bull RSI: Neutral Bear RSI: Neutral BSI: Bullish 5 RSI: Positive Consolidation: In Consolidation between 1450.84 - 1521.79 Price-Trend: .55x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet115
RUT Update for 4 September 2019 Daily for 4 September 2019 In Bull territory. Price Projection: 1406 HMA: Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Neutral Bear 5 RSI: Positive Consolidation: In Consolidation between 1450.84 - 1515.34 Price-Trend: .5x ATR Comments: Since the beginning of August (over 21 trade days), the markets have been stalled. I have way to many neutral-bull one day, neutral-bear the next indicators happening. This is a strong indicator of a stalled/flat market. When markets stall the values of the indicators at < 21 trade days become worthless and stale. Because of this, I have altered the charts now for 36 trade days or approximately 3 months. The general base lines/trends are relatively the same, however we can now get indication of movement in the indicators since using additional data beyond the period of inactivity. Much of the movement is emotional. Gap down for X-reason, Gap up for Y-reason. The major indexes are hitting against the resistance levels and may not have true underlying financial strength to exceed these values. They currently lack strong directional indication. For this trade day, the markets gaped up due to news regarding removal of a extradition legislation in Hong Kong. Today expecting a gap up due to the announcement of renewed trade talks occurring in the next month. Consolidation level highs will be tested on most indexes. With possible return and re-establish of consolidation levels the following day. Be cautious right now. The current financial indexes reflect strongly the lack of directional identity and hovering at the 21 day average. ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet6
RUT Update for 3 September 2019 Daily for 3 September 2019 In Bear territory. Price Projection: 1449.42 - 1375 HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Neutral Bear 5 RSI: Negative Consolidation: In Consolidation between 1450.84 - 1515.34 Price-Trend: .98x ATR Directionally challenged due to world economic events. The market has been flat since ~August 5 and trading in a 1000 point range. Use weekly consolidation to identify current range. ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet4
RUT Update for month ending AugustHUGE MONTHLY CONSOLIDATION RANGE. Began in January 2018 August In Bear territory. Price Projection: 1437.89 HMA: Bear Bull RSI: Neutral Bear RSI: Neutral BSI: Neutral Bear 5 RSI: Negative Consolidation: In Consolidation between 1266.93 - 1742.09 Price-Trend: .23x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet223
RUT Update for week ending 30 August 2019Week update for week ending 30 August 2019 In Bear territory. Projected range for upcoming week 1518.8 - 1465.23 Price Projection: HMA: Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Bearish 5 RSI: Negative Consolidation: In Consolidation between 1450.33 - 1533.49 Price-Trend: .685x ATR Daily for 30 August 2019 In Bear territory. Price Projection: 1515.50 HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Neutral BSI: Neutral Bear 5 RSI: Positive Consolidation: In Consolidation between 1450.84 - 1515.34 Price-Trend: .18x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet3
US2000 Downtrend ContinuationPrice action analysis identified US2000 downtrend continuation and short opportunity. Reversal pin bar trigger, confluence with; weekly downtrend, rejection of falling channel resistance, rejection of 50 WMA, rejection of previous horizontal support/resistance and rejection of 38% fib. Trade subject to price rising into sell limit pending order.Shortby candlewhisperer3
2000 - 2002 Small Cap Drop into RecessionDon't expect major tanks unless there's bad news, like Bernie for example. My guess is that Bernie tanks the market next year. In any case, expect the market to bounce to lower lows and lower highs. It won't go straight down like Dec 2018, the Feds usually aren't that stupid. Powell is actually making volatility worse than usual because he's incompetent. In any case, this is what a recession looks like, it's not a straight drop.by hungry_hippoUpdated 114
RUT Update for 29 August 2019Daily for 29 August 2019 In Bear territory. Price Projection: 1515.20 HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Neutral Bear 5 RSI: Positive Consolidation: In Consolidation between 1450.32 - 1515.34 Price-Trend: .11x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **by priceprophet0
CliffhangerRUT is much uglier than the SPX. If the broke down gets some reconfirmation today, than...by laurustonUpdated 111
RUT Update for 28 August 2019Daily for 28 August 2019 In Bear territory. Price Projection: 1437 HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Bearish 5 RSI: Negative Consolidation: Re-established between 1450.32 - 1515.34 Price-Trend: 1.01x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **Shortby priceprophet441
RUT Update for 27 August 2019Daily for 27 August 2019 In Bear territory. Price Projection: 1437 HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Bearish 5 RSI: Negative Consolidation: Broken to the low Price-Trend: 1.74x ATR ** Weekly updates will always be provided, if not updated daily, it generally means the underlying primary signals have not changed since last reported. **Shortby priceprophet223
RUT Update for 26 August 2019 Daily for 26 August 2019 In Bear territory. Price Projection: HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Bearish BSI: Bearish 5 RSI: Negative Consolidation: In Consolidation between 1456 - 1515 Price-Trend: 1.18x ATR Shortby priceprophet5
RUT Update for week ending 23 August 2019Week update for week ending 23 August 2019 In Bear territory. Projected range for upcoming week 1491 - 1430 Price Projection: HMA: Bear Bull RSI: Neutral Bear RSI: Neutral BSI: Bearish 5 RSI: Negative Consolidation: In Consolidation between 1456 - 1533 Price-Trend: 1.55x ATR Daily for 23 August 2019 In Bear territory. Price Projection: 1422 - 1363 HMA: Neutral Bear Bull RSI: Neutral Bear RSI: Neutral BSI: Bearish 5 RSI: Negative Consolidation: In Consolidation between 1456 - 1515 Price-Trend: 1.92x ATR Spent the week neutral. The Weekly is still holding on to that neutrality within the consolidation range. Current strength is demonstrating a push through the floor toward a pocket of 1422 - 1363. Generally this pocket is formed due to the neutrality and can tighten if strength continues.Shortby priceprophet2