Saturday, May 23, 2020




/RTY  Russel 2000 Futures (Small Caps)

This is the most bullish of all the futures and looks to me that we are near the end of an abcde pattern that played out during the week. No other futures are looking this bullish. With only an e to finish this pattern, I would look for whether e finishes above or below the rising trend line that is just above the a-c bottoms. With a break below being bearish or price holding the line being bullish.

Isit.


Sunday, May 17, 2020

5/17/2020 /RTY Russell Futures




Small caps futures 4hr price chart.

  Price has broken out of the rising channel and back tested the same, whether the back test is complete is yet to be seen.

  Currently short with TZA but will trade in and out with future contracts at times.

  I prefer the small caps as they in my opinion seem to be less manipulated than the S/P or Nasdaq.