RTY Gann Fan Short 15 minutesMy POV says RTY is going pretty fast to that 1/8 GannFan line. dont take my word for itShortby jessyfuchs0
RTY daily in troubleRTY is the most rationnal index in my opinion, closer to the economy it lacks of power for days now, and my opinion is that you should look at it to predict the next moves. Daily RSI is way to high and needs drop at some point. Shortby jessyfuchs220
RTY's Bull Flag Pt 2 8/18/2020RTY at the daily view. The Russell is still bull flagging. It's quite obvious by now. The downward movement is sometimes called "correction by time." A correction by time is not actually bearish. It means the Russell is consolidating for another move up. Unless the bears take the RTY down to the bottom of that flag pole, it's still bullish. The bears had a chance all this time to take it down. They didn't... yet. Liquidity levels are high enough to go scuba diving in. The chances of bears taking this below the flag pole? You might as well take a shot at the lottery. The most likely course of action is that a further pullback will just gather more buyers below - like me. If not, then the bull flag may bring the Russell even higher.by Itsallsotiresome3
Elliott Wave View: Support Area for Russell 2000 (RTY)Elliott Wave View of Russell 2000 (RTY) suggests the rally from July 31,2020 low has ended at 1605.70 high as wave 3. Up from July 30 low, wave ((i)) ended at 1482.60 high and wave ((ii)) dips ended at 1467.80 low. Index then extended higher in wave ((iii)) towards 1552.60 high. The internal subdivision of wave ((iii)) unfolded as 5 waves impulse Elliott Wave Structure. Wave (i) of ((iii)) ended at 1510.60 high and wave (ii) pullback ended at 1493.70 low. Rally higher in wave (iii) then ended at 1551.60 high, followed by wave (iv) pullback, which ended at 1543.40 low. Wave (v) then extended higher and ended at 1552.60 high. Afterwards, the Index did a pullback in wave ((iv)), which ended at 1534.20 low. Finally, wave ((v)) higher ended at 1605.70 high. This final move completed wave 3 in higher degree and ended cycle from July 31 low. Index is currently correcting that cycle within wave 4. The correction is unfolding as a double three correction, where wave ((w)) has ended at 1560.90 low. The bounce in wave ((x)) ended at 1589.60 high. Wave ((y)) remains in progress right now. As long as 1451.10 low stays intact, expect the dips in 3,7 or 11 swings to find support for more upside. The 100-161.8% extension of wave ((w))-((x)) where ((y)) can end is at 1516.76-1544.71 area and is shown with a blue box. That area if reached later can produce 3 waves bounce at least.by Elliottwave-Forecast4
Boring Price action today on M2K.On a low volume day like this VWAP and open range breakouts is what i i'd be looking for to execute a trade safely. Sitting on hands is always the safest too.by King_Kemet_the_Day_Trader1
Good old M2K!Failed to break and hold POC @1580.40 testing vwap @ 1578.90 if it can't hold VWAP then it will likely retest previous POC @ 1576.5 and if that doesn't hold then the daily open @ 1575.1 will be the next test on on its way to daily low @ 1572.9. lets wee what happensShortby King_Kemet_the_Day_Trader111
RTY1!If breakout from flag, will look to see how price interacts with 1600. Historically has been a spot of resistance. by tdrake21391
Russel's Bull Flag 8/15/2020RTY at the daily. The title speaks for itself. The Russel is bull flagging at this point. Although, another pullback is projected around August 17-19. In the bigger picture, that pullback is merely a consolidation for the RTY. Liquidity is still very high. What would be the unexpected move? A pullback to lure the bears. A bounce and break a new high to lure the bulls. Then finally a correction. Institutions' distribution of the NQ should be ending near the end of the summer... which is soon. The Russel made some awesome gains of over 200 points in the last month. However, the phase of uncertainty among all major indices should begin soon.by Itsallsotiresome3
what a nice short M2k! quick scalpRejected off of 1560.9 after major sell off and broke above POC 2 1562.9 looking to long. ENTRY: 1562.6 Exit: 1566.0 Stop: 1562.6Longby King_Kemet_the_Day_TraderUpdated 0
tree time push up fail, It will probably go down quickly.Russel is weak than NQ and ES. it's going to show the direction. Four time push up fail , it'll prababally go down. The squeece shows that the market has been compressed heavily. Shortby ght.bupt0
M2K! Just some simple support and resistance lines. it could go either way at this point. by King_Kemet_the_Day_Trader111
RTY - Small cap pump and dump?NQ isn;t moving but RTY is, looks to me like they're doing the standard pump and dump, except with small caps instead of Nasdaq.by hungry_hippoUpdated 6
My Bae M2Klooking to go long @1607.6 stop loss @ 1600.00. good luck, stick to the plan, trade safe!Longby King_Kemet_the_Day_Trader2
My guy RTY this is my 1st post. Looking to go long on RTYU2020 @ 1607.5 if it can hold 50% fib line and hold POC @ 1601.3. I noticed that the volume on the profile was increasing. Stop loss @ 1600. will be modifying stop along the way. Good luck, stick to your plan, and trade safe!by King_Kemet_the_Day_Trader3