The Russell 2000 futures have surged in the past two trading sessions, up 5% marking its best two days since the 5th of November 2025. This was on the back of a positive CPI report that showed inflation is in line with expectations. The price broke decisively above the 50-day and 200-day moving averages after a prolonged sideways range. This is a very bullish sign for the index.
The breakout rally over the past week has been sharp, leaving price extended in the short term.
The next major resistance lies at the all-time high zone around 2,477, meaning there’s still room to the upside before a key decision point.
The Russell’s relative strength vs. other U.S. indices means that there is small-cap participation in the broader rally.
Momentum & Indicators
RSI at 66.12 is nearing overbought but not yet flashing an extreme warning.
The rally has been fast, so a minor pullback toward 2,300 would be healthy before another leg higher.
The weekly chart shows a triple-top reversal pattern forming, with resistance around $2088. This is a pivotal zone – if price can break out above $2088 decisively, it would invalidate the bearish pattern and imply an upside breakout. However, failure to break resistance could confirm the pattern and precede a downward move. The weekly RSI Read More…
Gold Futures prices bounce off the minor support zone. The smaller time frames show many trade opportunities. The bearish sentiment remains. Quick Recap Last week, we mentioned the possibility of a bounce out of the minor support zone at $1,622.20-$1638.50 within the larger term downtrend. Take a look at the article here to get a Read More…
The hanging man from the previous analysis yielded over 767 points Re-cap on Bearish $70 medium-term target Short opportunities as CL rallies into the resistance zone 767 Points Profit The hanging man we analyzed here provided a 767-point move as CL fell swiftly below $81. The pattern has played out but is still intact and Read More…
