RTY - M chartOn chart:
-macd
-price action
-rsi
-bottoming volume bars
Evaluation:
-beautiful cup/bowl pattern
-volume is down overall on M
Plan:
-check at close of M candle
-watch volume
Trade ideas
RTY - Daily chart; 2300 is a key areaPrice action:
retraced back to the 2300 support line
RSI:
still in uptrend
big volume around election
Plan:
nice spot for long if 2300 holds
check W and M charts
Russell 2000 | At 0.5 Fibonacci RetracementRussell 2000 We can see this has already corrected to 0.5 Fibonacci Levels, and also we can see 2 previous Highs made in 2018 and 2020, As shared in the analysis of S&P 500 previously that we could notice further breakdown but after some pullback makes more sense looking at Russell 2000's chart.
#RUSSEL1000 KUCH BADA HONE WALA HAIglobel market in a very bad condition.
nasdaq gives you false brack on top
dow jones gives you false brack on top
spx500 gives you false brack on top
and nifty also return on tops ??
W5T ROLLER COASTER/BITS/ELLIOT WAVE INDICATORS WORKING TOGETHERRTY demo using our W5T Roller Coaster indicator and how to use with our Elliot Wave and BITS indicators.
