While everything else put in really big rallies RUT has lagged and acted a lot more consistently with a classic bull trap pattern.
I continue to think the weakness in the RUT is sus, because in theory small caps should be stronger into the early section of a bull market.
Probably a spike to come. Likely a fast one. Maybe a good time to be long OTM calls, but the ideal things for a bear setup here would be a spike out of the range, a hit of the 76 retracement and then the downtrend starting.
Would be really interested in shorting a RUT pop here.
I continue to think the weakness in the RUT is sus, because in theory small caps should be stronger into the early section of a bull market.
Probably a spike to come. Likely a fast one. Maybe a good time to be long OTM calls, but the ideal things for a bear setup here would be a spike out of the range, a hit of the 76 retracement and then the downtrend starting.
Would be really interested in shorting a RUT pop here.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.