RUT Butterfly Squeeze Pattern
RUT looks every inch the classic bull trap.
Did well in the recent drop. Banked most of my profits. Waiting to see if we can break supports again.
I do not think it's likely my short thesis is a bit early and we might see a W spike out in the RUT.
Wary of this now. I have some longs on and no exposure on shorts (Some on with trailing stops).
Did well in the recent drop. Banked most of my profits. Waiting to see if we can break supports again.
I do not think it's likely my short thesis is a bit early and we might see a W spike out in the RUT.
Wary of this now. I have some longs on and no exposure on shorts (Some on with trailing stops).
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Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.