Long $RTY on Falling Wedge 12/19Possible falling wedge on 15 min. Look for the breakout to confirm. Also, if you follow Elliott waves, we are in the wave 5 area.
RTY1! trade ideas
$RTY Getting the bounce we needed$RTY holding some pre post Election levels.
Hopefully that Fat bastdid shows up and we get a rally ..
RTY to retest prior support of 1670-RTY is Likely to test and break below 1670 before the end of the year heading into 2023
- Interest rates continue to increase
-Inflation continues to rise
-Things cost more, companies will start cutting jobs to make up for increased cost of everything
o' man o' man.if i'm right about this, so many people are going to so devastated.
most market participants are already completely and utterly distraught,
this rally could just simply set them over the edge.
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i'm theorizing a full blown rally in the months ahead, right into april \ may.
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russel200 expanded flat target sits right a the 1.75 algo, which is roughly at $2392
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please don't treat this as financial advice.
consult your financial advisor before making any decisions in this market.
Levels for 12.9.22One time framing up yesterday, looking for the same today, as long as the PPI number is not way off
Levels for 12.7.22Here are my levels for today. opening in range, will be watching to see if we continue to 1 time frame down on the daily.
RUSSEL2000 RUSSEL2000 will most likely crash under 1500$ if FED interest rate will exceed the expectations this friday. Elliott wave analysis suggests that the decline could be already in progress.
SHORT TILL 1605If we don't break out of pattern (a new high) then we drop like last time.
1605 Target.
Levels for 11.30.22Here are the levels for today. Inside day yesterday after a trend day down ( look above and fail ) . Still in range. Do we break out today?
RTY UpdateMFI oversold but DAX looks bearish on CPI numbers.
Rally probably doesn;t happen until Europe closes. Could just be a whipsaw day with Powell speaking tomorrow
Levels for 11.29.22this is what I am considering our range for now. yesterday we came back into range after trying to break out previous day. maybe more balance today, but am prepared if we want to test lower.
RTY UpdateRSI hit oversold on RTY, ES, and NQ. MFI hasn't yet, so gonna wait to see what happens tomorrow.
My guess is still gap down and reversal tomorrow, but the gap down might not happen since RSI is already oversold. My favorite plays still look like crap and AAPL is falling off the tree, so no long positions until tomorrow and even that is a maybe.
RTY UpdateNQ filled the open gap but ES and RTY did not. I think RTY needs to go oversold before it bounces and fills.
Looks to me like the market is gonna whipsaw sideways this week. No melt up or tank. Powell speaks on Wed, CPE on Thu. Expect whipsaw.
Levels for 11.28.23Here are my levels for today, careful on the open and wait patiently for engagement areas.
RTY! - correction is over, time to go shortAfter an impulse to the downside, Russel 2k seems to have completed a double three correction WXY right into the 0.618 fib level. Time to press the short side. Mind your sizing.
