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TF thread (Russell 2000) ... anything goes


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TF thread (Russell 2000) ... anything goes

  #211 (permalink)
 
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 kbit 
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Can you help answer these questions
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  #212 (permalink)
 
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 kbit 
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The monthly vwap is at 784.3 and based on what's going on it looks like 82.5 at worst should at least get a bounce.

It's currently at the 86 area...watch for something

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 kbit 
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790 should be next target.....

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  #214 (permalink)
 
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 kbit 
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I should say if you are in at 86 ish move your stop now to break even at worst

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 kbit 
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If we get over 88.8 we should be ok...just keep your stop somewhere you don't lose anything....if it comes back it's over

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  #216 (permalink)
 
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 kbit 
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One last note....it probably should have popped by now so I'm not really excited ...if it gets taken out just wait till it gets to the lower areas I posted earlier and watch again.....

Edit: 791.5 and then 792.7 are next in line after 90...if it goes up ...just move your stop under previous levels as/if they get hit

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  #217 (permalink)
 
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That's what I'm looking at.....

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  #218 (permalink)
 
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 kbit 
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worst case you case you got just got stopped just under 90.....not the best but not bad...it may not be over but I don't want to get anyone in trouble here so I'm done posting trades today

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 kbit 
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I'm going to stick my neck out here and give a prediction on what will happen.
As I see it now it should get up to about 96 and bumble around for a short time and then launch up to my 801.5....might happen tonight.

The only thing that concerns me is that the ES is dragging its rear end.

I think the guys who are short are feeling somewhat comfy and this would be a good time to shake them out.

Just remember on this post anyway I'm throwing out a wild guess on this one ....don't trade anything you don't like

Let's see what happens around 790-791 this time

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