Tag Archives: Russell 2000 Futures
Equity Indices | ORH Pattern Alert
It’s still early, however closes above 1310.50 Spu, 2521.75 Nasd 100, 920.80 Midcap and 75790 Russell will be needed for an ORH formation. The formation can signal a near term bottom. It is generally a price positive formation. https://www.whitewavetradingstrategies.com/glossary
A.M. Look 5/21/12
Euro..put in an ORH day on Friday. It retested 127.52 last night. Holding this level can lead to 128.80 ish on an initial rebound. GBP/USD…sustaining over 158.40 will lead to an attempt at a figure rebound here as well. AUD/USD…This … Continue reading
A.M. Look 5/17/12
Rallies to nowhere. Sell rallies not breaks until this plays out. The patient Day trader will be able to make money from both sides of the market. We’ll look around the board this A.M. to see if there are any … Continue reading
Pattern Alerts…Russell…OIL…USO…Midcap 400…BP
ALL of the above are working on ORH days..Closes over the following levels are needed… These are generally price positive patterns, however it can take a day or more for confirmation of the pattern. Russell 2000 (TFH) 82330 Midcap 400 … Continue reading
CAT
116.55 is May 2011 high in Cat. It lost almost 50% of it’s value from that High. This is a big upside closing pivot level. Sustained price action above this level leaves little room for the Plungers ( Short Index … Continue reading
Russell 2000 Mini Continuation
Presently the Russell shows a potential 5 day Island Top. An 81800 print negates the pattern. S&P 500 needs late day recovery higher on the week, back over 1339-40 to run the shorts out. It’s all about who will be … Continue reading
Pattern #’s for the Equity Index Futures
1228 S&P 500 2332 Nasd 100 883590 Midcap 400 73510 Russell Closes are needed over these levels for Outside reversal patterns. This simply shows we can have a decent break with the underlying chart pattern remaining intact. The Yen crosses … Continue reading
Russell 2000 Index
The Horizontal line @ 76660 represents the long term stops
7/28/11
The big scalp continues. Higher highs or lower lows should be treated with suspicion today. The probability is that traders get trapped both ways today as the drama unfolds. Given yesterday’s low in the Russell I think the odds are … Continue reading
Russell 2000
This is a trend line going back to last August. It matches up with the 200 day mvg.avg. in the Russell around 795. Be careful where you press shorts…The other indices based off this line show more downside room.