The RUT Classic Bull Trap

已更新
Over the last years RUT has formed a textbook version of the "Return to normal" bull trap.

Recently it spiked in a W pattern into the resistance level that stopped the 2021 rally.

Suddenly, people who've never mentioned RUT before are explaining how this is a critical bullish breakout.

What could possibly go wrong?
注释
Profit taken on shorts 2190.

Would like to short bounce.
注释
Back in 2250
交易手动结束
Out shorts 2200
注释
Easy part of the short over now. Waiting to see if it breaks to form a downtrend.

But this is the point sellers have face rip risk is this is a butterfly. Cautious now.
RUT Butterfly Squeeze Pattern
交易开始
Back in shorts
交易开始
Big shorts on this now.
Chart PatternsHarmonic PatternsTrend Analysis

更多:

免责声明