cerealpatterns

will small caps save the market or fail at resistance

CME_MINI:RTY1!   이미니 러셀 2000 인덱스 퓨쳐스
russel is making its high, and the question is will it print this and reverse following the rest of the market lower, or is this resistance breaking on a second touch to melt the market up with more squeeze. right now the hourly is most important. as long as were below nadaraya watson estimate it feels like price belongs toward bottom of envelope and lower horizontal, and if we bounce we should go back toward estimate or upper horizontal.

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