RTY - Early Morning Moves into Mid Morning FadesThis Pattern has been the name of the game for the last week as the inverse H&S pattern did not break with the volume needed for a sustained move. The juxtaposition between NAS and RTY looks to continue. Jobs numbers on Friday should give direction. by Pennywick0
RTY - Russell 2000This is fast becoming the Gift that keeps on Giving. We closed out Buy To Open Positions an are now employing an Inverse SELL to Open Ladder from 2273 to 2335. We are using M2K as a Hedge IF need be - low probability imho. Our target for the RTY remains Sub 2K, there has been aggressive Support Mechanism for the RUT, we see it as an enormous Gift :)Shortby HK_L612
E-Mini Russell 2000: What can happen now?In the previous idea below the price ended the correction as ABC model as expected. The price is now above the bullish flag and is testing a broken resistance are now turned in support. The probability is very high that we can see the price move higher up to 2280. Thank you and Good Luck! Previous idea: Longby KlejdiCuni171759
RTY - .786 RESnew line in the sand. The market is digesting the GDP miss and the post tech earnings hang-over with AMZN being a bit light. A back test and hold of the inverse neckline will be on watch for rotation. OR will a correction in price ensue opening up some ranges?by Pennywick0
RTY - Inverse ConfirmedJobs numbers at 8:30 AM will set the tone for the rest of the week. RTY has shown strength at the bell followed by a dip that coincides with NAS mid-morning recoveries. The 10 Year Note gained to 1.259%, but seems to be reluctant to make a run to the upside. With tech earnings winding down will this RTY pattern be the rotation vehicle for a bit more mega-cap profit taking? by Pennywick0
E-Mini Russell 2000: Will this correction end up as ABC?RTY1 - has tested for 3 times 2165-2170 price area during the last three hours. This is showing that the support zone is holding very well as long as the price is creating long shadows above it. From the other side, I am watching a possibility that the price completed an ABC correction move, and now it may move higher. If that happens the first resistance zone will be near 2220. That zone may push the price lower again for a bigger corrective pattern. If the price will manage to break above 2220 it will open the door for more upside up to 2280. Thank you and Good Luck!Longby KlejdiCuniUpdated 151583
Major U-turn on Russel 2000Proceed with Caution! The market can move -150 ticks based on monthly! Short Term: Daily is U-turning 1H is confirming that Stop losses have been taken and is ready to Skyrocket /Fundamental: Earning reports have been coming in {Double confirmation}Longby daudfrotan1
russell 2000. same setup as yesterday essentially.time has elapsed, therefore, more data is available. As much as we would all love it if the charts were frozen in time so we could analyze them endlessly, they aren't. Still, by operating on the higher time frame we can see structures that have some staying power. The structures I identified yesterday, I can now talk a little more about. I would like to see a ping pong event of price going back up to the 2230 region, but only time will tell. The market reflects global market sentiment and not what I think would be nice. The nasdaq is my favored instrument because of it's volatility surrounding the open. It dropped almost 200 points this morning, which is nearly 4k per contract. I wouldn't have caught the whole move, and it's not a great idea to be totalling up your woulda-coulda-shoulda trades, but if you are having uncertainty where to focus yourself you can view that voice as a primitive guidance system. It probably won't go away until you put it's suggestions to the test. Longby emehoke0
Tutorial | Lesson 1: How To Interpret & Trade Volume Profiles In this first in a 5 Part Video Idea Series, I cover the cleanest volume profile distribution that I've named the "Indian Arrow." This profile is best suited to support and resistance levels, and mean reversion trading within well establish channels. Key Concepts: 1) Volume at price is very different from typical volume over time. 2) Be sure to read the Help Center article about the Visible Range profile before watching the video. 3) The point of control (POC) in the Indian Arrow is the target for longs entered at value area low (VAL) and/or shorts taken from value area highs (VAH). 4) The Visible Range script will display a dynamic profile based on the amount of data "visible" on your screen. In this video I'm looking at 8H candles. 5) Settings in this video for the Visible Range are most appropriate for futures, forex, and crypto products. Settings for equity profiles in a later video. Education12:39by RodCasilli6666
Looking at the Russel 2000 index. Some over analysis. I get so many strategies colliding into each other I end up with no clear trade signals. Something that I can't do very well, but I can at least talk about, is the need to take a very simple strategy, then apply fine tuning onto it. When I am rushing into trades (because I want to get it over with) I take several major strategies and collide them. This yields a very messy concentrate. I then tend towards looking for channels and triangles. The market is an efficiency machine. If you are wondering why the market is behaving in a way you can always start again safely at that conclusion. The market is an efficiency machine, nothing more, nothing less. Then build your extrapolations from there. This will ensure your construction is on solid ground.by emehoke0
RTY Daily Bullish PushThe RTY daily time frame is in an up trend. The market is making higher highs and higher lows. The market hit the up trend line and is pushing bullish towards the up Fibonacci price point 2588.1 about +3,754 ticks away. I plan on turning to the one hour time frame and looking for low prices in the buy zone. ****It is always a good idea to trade with good risk management.**** Remember, success over time, not one time. Longby JoshuaMartinez4419
Russell 2000 - IWM - Inverse PotentialTech earnings are here with the market at all time high. Watching this week to see if small caps join the melt-up. by Pennywick110
Wyckoff Distribution in RTYNot absolutely perfect representation of Wycoff. You can see some penetrations in areas where we are told price does not enter. However, overall the structure is accurate and aligns with a high level definition of Wycoff distribution. Wait for the price to break the lowest support and come back in to initiate short. Caveat emptor.Shortby frodo752
SMALL CAPS CORRECTION OR HUGE BREAKOUT?The perfect storm event known as the Covid pandemic has introduced many millions of new traders into the circus. The indices have performed amazingly well over the last year.. nearly parabolically so. While I do not believe the indices have formed a major top yet, a minor pivot is likely. I have been hoping for a decent correction to shake things up. I am not certain if we'll even get that. I'm looking at this pattern on the Russell 2000 (RUT, IWM, RTY1!) that is either an ascending wedge or a bull flag. Watch price action closely in this range. If it breaks below, it will likely do it very quickly and flush a lot of these new traders out. On the flip, if it breaks above... well, prepare for another move that defies gravity. What do you think will happen? I'd prefer a flash crash type of event. Personally, I believe having an equal long/short (hedge) is not unwise aka strangle.. Let's see what happens!by gghsusaUpdated 2
Russel Futures RTY good place to get in BullishMade this keycode for Russell Last night and it just hit the bottom of my Trend line looks like a nice spot to get in. by iCantw84it 07.23.2021Longby iCantw84it2
+4,707 Tick Bullish Push RTYThe RTY daily time frame is in an up trend. The market is making higher highs and higher lows. The market is at a low price in the buy zone hitting the uptrend line. The market has an up Fibonacci with an extension above the live market price point 2588.1 about +4,707 Ticks away. It will be a good idea to turn to the one hour time frame and to look for low prices in the buy zone. Longby JoshuaMartinez9918
RTY Oversold on dailyHasn't happened since November, and we all know what happened then.by hungry_hippo113
Russell - post pandemic trend line is brokenRussell has under performed larger indices Trend line broke on friday closeShortby yossarian1210
Buy the dip at ~2145 If you think it continues the trend, then buy the dip at ~2145 Every other index is right near ATH, Russel has been stalling since March. Russel should have room to catch up. The issue with Russel is meme stocks, and speculative assets are getting crushed right now. Where as other indexes like the Nasdaq composite has strong assets to carry the thousands of others.Longby ChaythonUpdated 2
RTY MFI OversoldNot feeling bullish, but MFI is oversold. Lot sof speculative stocks have been down, so expecting a pop sooner or laterby hungry_hippoUpdated 332