PRS LIVE TESTING #6/100, RUSSELL 2000 TAKING A TRIP TO 1275
This is PRS's first official guidance on the small caps index, the Russell 2000.
Intermediate regressions say 1275 is a no brainer. Will update as often as I can.
Intermediate regressions say 1275 is a no brainer. Will update as often as I can.
코멘트:
Notice PRS didnt take a swing at NQ? Dont short the leaders.
코멘트:
코멘트:
SHORTING RTY HERE IS AMAZING R AND R. TUES 9:30 AM.
코멘트:
From a technical standpoint. I feel very very strong about the RTY short, almost equally strong for SPY short. Why so? Fed doesn't want ES to go down that much. They pull all sorts of strings over night.
코멘트:
Finally cooperating. But we have time.
코멘트:
Both SPY and ES getting crushed.
코멘트:
Typo, SPY is ES. I meant SPY and IWM.
코멘트:
This morning re-wired PIVO found action in RTY suspicious. So at counter trend 1483, it alerted that a push for 1403 is on the way. At same time, hourly chart still say small caps need to visit 1325 at a min before it can be taken seriously.
코멘트:
So it hit 1405 and now back to 1385. PIVO says unless MASSIVE buying shows up, RTY will get absolutely crushed the rest of they day.
코멘트:
And that would only take regular volatility not MASSIVE selling.
코멘트:
코멘트:
As predicted. It hit 1415. This is where I want to see if PRICE OR VOLUME wins.
PURE PRICE IS CALLING 1325 BEFORE JULY 1ST. VOLUME DISAGREE IF 3 HOUR BARS OR LESS. ON 8 HR NOT FAVORED TO BREAK 1360.
That said if you took the entry 1438 Tuesday morning, you're still up 30 pts.
PURE PRICE IS CALLING 1325 BEFORE JULY 1ST. VOLUME DISAGREE IF 3 HOUR BARS OR LESS. ON 8 HR NOT FAVORED TO BREAK 1360.
That said if you took the entry 1438 Tuesday morning, you're still up 30 pts.
코멘트:
Friday morning 9:10. It is an absolute sham if we can't get 1325/1330 by end of day Monday.
코멘트:
10:10 am .. moved down again... let's see if we can tag 1330 on Monday. My call for 1275 was a bit early. Didn't take into account the bollinger would squeeze. Hence limits the price action.
코멘트:
Think about how cool PRS. Calls for 1415, yet still insist on 1360 at a minimum w/ volume discount. Still demanding 1325-1330.
코멘트:
* Had someone requested turn for turn maps for es and ym. No. Don't have time. Those things take a good 2-3 hours to make.
코멘트:
I swear, if I can get a job doing it, I would.
코멘트:
Several opportunities to close ahead now. Lets just call this a win. Still targeting 1325. I just dont have time for it anymore.