Week ending 25 Sep 20 swift evaluation of RUT
A swift evaluation is conducted based on a single day without look back.
RUT is currently in a bull trend.
Prices are trading in a range of approximately 84.811 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1422.49 - 1527.32.
If strength and trend continue, RUT is trying to reach 1406.33.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1347.69
The trend moving average: 1455.603
------Additional Comments:
Standard Deviation for following week: 1386.81 - 1563.00
Forecasted Range for following week: 1406.165 - 1507.706 (Targeted Mean = 1456.935)
RUT is currently in a bull trend.
Prices are trading in a range of approximately 84.811 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1422.49 - 1527.32.
If strength and trend continue, RUT is trying to reach 1406.33.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1347.69
The trend moving average: 1455.603
------Additional Comments:
Standard Deviation for following week: 1386.81 - 1563.00
Forecasted Range for following week: 1406.165 - 1507.706 (Targeted Mean = 1456.935)