RUT - Russel is in a similar "Dump" pattern
In 2021 we saw the Russel creating this Dump Pattern:
1. Sideways
2. Break the high
3. Dump
Watch how it looks now.
To me it's very, very similar.
Any other confirming signals?
Yes!
Price reached the white Center-Line and started to go south.
Here's my game plan:
If the weekly TB is broken on a close, and an Open is below the TB afterwards, I'm looking for a short entry.
PTG1 is at the red Center-Line and a runner with a definite PTG2 at the green support line.
My weapons will be the Options, not the Futures. It gives me much more leeway and freedom of flexibility.
1. Sideways
2. Break the high
3. Dump
Watch how it looks now.
To me it's very, very similar.
Any other confirming signals?
Yes!
Price reached the white Center-Line and started to go south.
Here's my game plan:
If the weekly TB is broken on a close, and an Open is below the TB afterwards, I'm looking for a short entry.
PTG1 is at the red Center-Line and a runner with a definite PTG2 at the green support line.
My weapons will be the Options, not the Futures. It gives me much more leeway and freedom of flexibility.
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