correction (short) made. continuation of the uptrend?After this surgical correction, lol, we will probably have a continuation of the uptrend until 1926 if the price sustains above EMA 200 (H4) and above 1900.
US2000USD trade ideas
Russel 2000 is respecting the trendlineTVC:RUT touched the trend line and got a nice push. The price may sideline here a bit. If the push continues for SKILLING:NASDAQ , the money will start rotating to small caps back again.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Small correction (short)If the stock market continues to see the data announced this week as positive, a Russell correction to 1886 is possible to continue the long trend. the break of the EMA 200 can confirm and favor long positions, otherwise it will serve as resistance for the entry of the Bulls
Small caps Got a Little Bigger; Smaller Soon?!Russell 2k dumped 170 pips in August over a few weeks. Now we got retracement to the 0.382 Fibo.
Might squeeze up to the 0.50 Fibo. Start scaling in shorts in this zone imo.
Final leg down ought to be a measured move to ~1740 price zone. GLTA
US Stock: a classic Wyckoff formationWyckoff terminology makes it possible to understand this fascinating trading area. Although phase D has not yet arrived and the range is still building, the outlook is gloomy. It's a narrow probability with major results rather than a significant fundamental edge.
I tried to update the view monthly and briefly mentioned the cause and effect in the chart.
US stocks: a classic Wyckoff formationWyckoff terminology makes it possible to understand this fascinating trading area. Although phase D has not yet arrived and the range is still building, the outlook is gloomy. It's a narrow probability with major results rather than a significant fundamental edge.
I tried to update the view monthly and briefly mentioned the cause and effect in the chart.
RUSSEL 2000Hi everybody these 2000 small cap stocks ,,,,in my view still we are in downside motion and after it test the red trend line maybe we can just nibble that for tiny bounce......take all the risks into your account please.....
Good luck
Long RUT for a new possible new high.At this point I am not entirely convinced my overall bear thesis is correct. I am starting to think I may have been able to use a set of good signals to work out high probability resistance levels in 2021 which have produced good shorts but were ultimately pullback levels rather than top levels.
The big bear thesis has not failed yet. I do still think there's a risk of it. But at this point I'd put the odds 75/25 bull/bear over the next highly significant swing.
If this is happening, the lagging RUT (Which looks exactly like SPX did at 3900) is an excellent catch up trade.
Let's be clear ... I still think a major bear is coming. I just am considering the risk of it not coming for a while is too high to ignore.
Sooner or later a crash is coming and it may be spectacular (Babson) - but "Later" would be a big problem if over committed now.
RTY | RUSSEL 2000 | US2000 - BEARISHLooking at the Russel having a bearish correction after hitting the strong resistance zone.
Trade wisely and cautiously.
Trade at your own risk
This is a one month swing
***Always use proper risk management***
RUT Roadmap April 2023This one looks very appealing and high probability scenario into 4Q. Even B waves have similar extensions to the upside
LONG opportunity in Russel (RTY)Context:
Weekly - uptrend (UT)
Daily - downtrend (DT)
Last day:
Value moved down but left very poor and weak high
Special notes:
Daily RSI is in oversold. Price at DMA200 support
Conclusion:
A lot of selling in the last 10 days. Market is getting too short and needs to cover those shorts before moving further down. Last day indicates lack of strong sellers, which creates opportunity for short-term bull bounce. DMA200 provides logical support
Disclaimer
I don't give trading or investing advices, just sharing my thoughts
Bearish fib compression on the Russell 2000A nice bearish fibonacci compression is forming on the Russell 2000. We're currently at the optimal entry point.
The indicator can be found in my scripts.
Happy trading!
Russel2K Long Consumers Expect Further Declines In InflationConsumers Expect Further Declines In Inflation
Finally! Russel is the dirigent in an Stock rally or Crash Orchestra, as it moves faster and is sensitive. Not this time. Whil S+P500,Nasdaq100 and Dow choosed the bullish trend, for longer time than expected,now Russel starts to ralley.
Technically has Russel found a triple strong bullish support, and RSI trend continuation confirmation:SEE THE CHART ABOVE!
The DXY is bearish and that is good for Russel.
Strategy: trend bullish.
Resistance supports (See the chart above)
US2KUS2K Looking good for short, pay attention in my strategy I almost always pyramid my entries as well as TP and usually that long term investment.
So on daily we hit strong resistance, RSI gave us strong double Divergence usually that is a point of changing trend or make correction, it make take a bit before start to fall it might also bump it up a bit where I'm prepare to place another entry.
Russell 2000 over 2000 ?The Russell 2000, a widely followed stock market index consisting of smaller US companies, may experience a rise in the near future. This potential increase can be attributed to several factors. Firstly, the ongoing economic recovery and reopening of businesses indicate increased investor confidence, which could lead to higher stock prices. Moreover, with the current low interest rate environment and the Federal Reserve's accommodative monetary policy, investors might favor riskier assets such as small-cap stocks included in the Russell 2000. Additionally, positive corporate earnings and strong economic data could provide further support to the index's upward trajectory. Overall, considering these factors and the historical performance of the Russell 2000, it is plausible to anticipate a rise in the index, offering potential investment opportunities for savvy investors.
Russell breaking out. Go longRussell breaking out. My first target is 1900, second is 2000 which are the major resistances.
The LaggerThe Russell 2000 is one of the most under rated products out there. It tends to be a less discussed index then the nasdaq or s&p, even the dow for that matter. But it is on deck for its turn. The Russell tends to lag the big 3 indexes. It'll run when the S&P takes its break. I think we are on the verge of a big break out here. The rounding formation in the macro trend here is screaming bullish. The biggest risk is of course a failure to follow through caused by a wider market pull back. This could break the structure invalidating the trade. I'm looking for a 100 plus point run here over a longer time frame. This is the trade that you find a moving average and hold for months. The options are super cheap here so that sounds like a good move.
Potential downside on US2000, RTY - SHORTLooks like we have a good opportunity to go short on RTY.
Rejected the weekly trend line and looks like we are forming a double top pattern in the 4 hr timeframe.
Entry - 1980
Stop - 1795 ( I would like to see a 4 hr close over this level or the red sell zone)
First target - 1960
Final target - 1930
Let me know your inputs. Happy trading!
🟩 Smaller stocks are showing valueThe small caps are getting to levels when they show value based on earning yields nad based on relative strenghts.
These are the levels we saw before when the Russell 1000 started outperform the Russell 2000. Hence this is showing a potential broadening of the rally and give confidence to traders to not stick to the Mega Caps (FAANGS).
Rather, this is showing traders, that as long as stocks setup, you can stay synced with the theme.
TVC:RUT and TVC:RUI
ABC CorrectionLooking to buy longterm after ABC correction create wave 4 to complete and impulse confirmation to go long wave 5.
TARGET REACHED Russell 2000W Formation formed and broke out in June.
Since then, it's been smooth sailing with demand and buying up to the target of 1,973.
Moving averages are all up 7>21>200 and RSI> 50
Now it's a momentum trading range where trend traders can continue to hold and ride it up.
We will update the trade idea when a new Breakout pattern occurs.
Why Penny Stocks is a Trader's NightmareLet me start off and say.
Penny Stocks have a lucrative and solid place for investors who buy and sell shares.
But not just any investors.
Well informed, researched, savvy and highly understand fundamentals.
Penny stocks for a trader though – Ah no!
Those shiny little nuggets of the stock market that promise vast riches for a small investment, can often turn into a trader’s worst nightmare.
Here’s why…
Reason #1: The Roller Coaster Ride: High Volatility
Penny stocks are notorious for their high volatility.
One day they can skyrocket and plummet the next.
These stocks are like riding a financial roller coaster without a safety harness.
No matter where you put your stop loss, it can trigger within a second.
And this extreme price fluctuation, can be dangerous for traders.
The unpredictable nature, can lead to rapid and substantial losses.
Reason #2: Stuck in Quicksand: Low Liquidity
Volume is another caveat.
Liquidity refers to the ability to quickly buy or sell (flow in and out) of a stock without significantly impacting its price.
Penny stocks often lack this characteristic.
Some penny stocks volume is SO low, that it can take months or even years to move in price.
This means, once you’re in, you might find yourself unable to exit your position.
Instead of flowing in and out of a trade (like a blue chip), you’re stuck in quicksand. Quite the oxymoron!
Without a healthy volume of trades, penny stocks can become a trap, a nightmare for any trader.
Reason #3: Walking a Tightrope: High Chance of Bankruptcy and Liquidations
Investing in penny stocks is akin to walking a financial tightrope.
These companies are often at a higher risk of bankruptcy and liquidation.
This is because of their lower levels of regulation, credibility and inherent instability.
And the issue with a less regulated penny stock company, is that it allows for less transparency.
This makes it difficult for investors to drill into the true company’s health.
The high risk of bankruptcy further amplifies the nightmare.
Reason #4: Battling with Giants: Lacking the Strength of Blue-Chip Companies
Penny stock companies are typically not well-established businesses.
They lack the strength, stability, and track record of blue-chip companies.
And without you doing the right research, it can leave them susceptible to market fluctuations and economic downturns.
Investing in these companies can feel like bringing a pebble to a boulder fight.
You’ll struggle to hold your ground amidst giants.
Reason #5: The Race to Zero: The High Failure Rate of Penny Stocks
It’s an unfortunate reality.
Most penny stocks are more likely to crash and burn than to soar.
Because of their weaker fundamentals and instability, they are more likely to head to zero – than a blue-chip company.
So let’s sum up the reasons why penny stocks is a traders nightmare:
Reason #1: The Roller Coaster Ride: High Volatility
Reason #2: Stuck in Quicksand: Low Liquidity
Reason #3: Walking a Tightrope: High Chance of Bankruptcy and Liquidations
Reason #4: Battling with Giants: Lacking the Strength of Blue Chip Companies
Reason #5: The Race to Zero: The High Failure Rate of Penny Stocks
If you’re a savvy investor or you have someone great to follow, go for it.
But I’ve warned you about the dangers for a trader.
Will US2000 find buyers at market? US2000 - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. Price action looks to be forming a bottom. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. The hourly chart technicals suggests further downside before the uptrend returns. Further upside is expected although we prefer to set longs at our bespoke support levels at 1830, resulting in improved risk/reward.
We look to Buy at 1828 (stop at 1813)
Our profit targets will be 1868 and 1878
Resistance: 1890 / 1940 / 2010
Support: 1850 / 1810 / 1765
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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