20050930 Breaking out of resistance of the triangle pattern. Could signal continuation of upside move next week. 

E-mini Russell 2000 chart

20050929 Reversed off lows made in the morning and closed near highs. CCI breaks resistance by moving through the zero line, so this could be the spring uncoiling to the upside from here. 

E-mini Russell 2000 chart

20050928 Tussle continues between bulls and bears, could be coiling the apring for the next move.

E-mini Russell 2000 chart

20050927 Russell 2000 futures showing a ZLR short to the downside on the CCI. With the big doji candlestick showing a battle between the bulls and bears, the move could be wiht good momentum. 

E-mini Russell 2000 chart

20050926 Russell 2000 short at 663, not as much reaction as with the ES. Pattern valid though unless the uppre moving average taken out and price closes above 667.

E-mini Russell 2000 chart

20050923 2nd dayof rise, alleviating the oversold condition. Coming up to 663, the moving average, a possible short swing trade setup. 

E-mini Russell 2000 chart

20050922 Trend still looks down despite rebound today. Looking for short trade on pulback maybe to just under the moving averages. 

E-mini Russell 2000 chart

20050921 Another selling candlestick, CCI momentum building to the downside. 642-43 is a good level of support, might be good level to buy for a short term trade. 

E-mini Russell 2000 chart

20050920 

E-mini Russell 2000 chart

20050916 Support provided by the moving averages held, with a good move up. CCI shows a ZLR buy signal today at the close. 

E-mini Russell 2000 chart

20050915 3rd day 'down' where the closing is lower than the opening, today should be an 'up' day, with closing higher than opening. Bear in mind today is options expiry in US markets. 

E-mini Russell 2000 chart

20050914 Comes down to rest on the moving averages, trade today will determine whether these support levels hold. 

E-mini Russell 2000 chart

20050913 Upside momentum slowing due to the break in the Russell today, could be coming to test the moving average before the view of upside move pans out. 

E-mini Russell 2000 chart

20050912 Russell 200 continues upside move with god CCI momentum. This index has been the leader amongh the four major indices, so expect the others to follow up. Aiming for test of 690 area the previous high. 

E-mini Russell 2000 chart

20050909 Candlestick today opened at low and closed near high, indicating buying interest. CCI momentum strong to upside. Since the Russell 2000 has been leading the other indices, this could be prelude to further gains, but have to see what develops. 

E-mini Russell 2000 chart

20050908 

E-mini Russell 2000 chart

20050907 CCI building good positive momentum. Russell 2000 is the leader of the other 3 stock indices in the past months, so could signal more upside moves going down the road, so have to see what happens. 

E-mini Russell 2000 chart

20050906 The break above zero by the CCI proved to be decisive break of resistance at that time. Good move up since then. Waiting for next signal. 

E-mini Russell 2000 chart

20050902 34 ema paovides resistance at 667. Now trapped between the moving averages, after the nice long ID breakout trade 2 days ago, wtiting for next opportunity. 

E-mini Russell 2000 chart

20050901 CCI punched through major resistance at zero line 2 days ago. Today is a consolidation day with a doji candlestick, could be more gains ahead with CCI momentum building, but watch CCI to see if can hold above zero line. 

E-mini Russell 2000 chart