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
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
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
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.