Technical Overview Outlook & Trade Considerations Outlook: The Russell 2000 futures show short-term relief but remain in a bearish structure. A move above 2,210 is necessary for further upside, while 2,084 and 2,003 are critical support levels to watch.
Introduction The U.S. stock market has been under heavy selling pressure recently, and small caps are no exception. The Russell 2000 (RTY) Futures have broken down from a long-standing uptrend and the price action has shifted bearish. With investors growing increasingly risk-averse, recession fears rising, and sticky inflation keeping the Federal Reserve in a hawkish Read More…
Introduction The Russell 2000 E-mini futures (RTY) are inside a bullish rising channel, despite recent choppy price action. Small-cap stocks have struggled for direction, but the 100-day SMA (2,299.9) trending upward steadily. As of today, RTY is trading at 2,289.2, up +0.17%, hovering near key pivot levels. Bulls are looking for a decisive move higher, Read More…
Introduction The E-mini Russell 2000 Futures (RTY) continues to trade within a well-established bullish channel. The channel is not very strong, but nevertheless, the price is rallying over the long term. Lets take a closer look at the technicals. Technical Analysis Bullish Channel Formation Support and Resistance Levels Indicators Analysis Relative Strength Index (RSI) Bullish Read More…
Introduction The daily chart of the RTY (Russell 2000) futures is currently in an uptrend that is not exactly strong but is an uptrend nonetheless. Let’s break down the chart’s technical analysis and the current market sentiment as we approach the US elections on November 5th. Technical Analysis The Russell 2000 index maintains its position Read More…
Introduction:The Russell 2000 Index (RTY), which tracks small-cap U.S. stocks, has been underperforming relative to the broader equity indices like the Nasdaq 100 (NQ) and S&P 500 (ES), despite a modest year-to-date (YTD) gain of 5%. In comparison, the Nasdaq is up 14.3%, and the S&P 500 is up 16.8% YTD. This underperformance in small-cap Read More…
