Refer to my earlier chart here
The Russell 2000 is giving us clear clues to how the market is likely going to behave in the coming months. It has not been successful breaking out of the resistance at 233.80 since March 2021.
It made attempts in Jun and July 2021 but both failed miserably! The straw that is going to break the camel's back will be the support at 207.17. In the coming weeks, watch this chart closely. If it falls below this level, then it is likely to head towards 199 level to close the first gap.
Worst case scenario, it will head further south to 165 level.
Please do your own due diligence.
The Russell 2000 is giving us clear clues to how the market is likely going to behave in the coming months. It has not been successful breaking out of the resistance at 233.80 since March 2021.
It made attempts in Jun and July 2021 but both failed miserably! The straw that is going to break the camel's back will be the support at 207.17. In the coming weeks, watch this chart closely. If it falls below this level, then it is likely to head towards 199 level to close the first gap.
Worst case scenario, it will head further south to 165 level.
Please do your own due diligence.
노트
Congrats to those who followed. 2 of the gaps have been filled. Time to take some partial profits,adjust your trailing SL and let the remaining units run.....
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.