Haven't really looked at RTY under the microscope in a while.
It's not a very tradeable market for me. I like to see really obvious and simple price action where both sides have an understanding of when the other side is going to take the lead.
In the RTY I see a lot of range bound activity. Every buy sign I see is met by a sell sign, and even though I do think the trajectory is up, the rising wedge structure that has recently formed makes me think a selloff could be in the cards.
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Again this is my first look at Russel in a while, a market I don't typically follow closely, so I am not as confident trading what I see. But you do have to start somewhere.
It's not a very tradeable market for me. I like to see really obvious and simple price action where both sides have an understanding of when the other side is going to take the lead.
In the RTY I see a lot of range bound activity. Every buy sign I see is met by a sell sign, and even though I do think the trajectory is up, the rising wedge structure that has recently formed makes me think a selloff could be in the cards.
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Again this is my first look at Russel in a while, a market I don't typically follow closely, so I am not as confident trading what I see. But you do have to start somewhere.
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