Since 2004, the e-mini Russell 2000 futures has emerged as one of the favourite trading vehicle. It has advantages of providing cover and exposure to the small cap sector of the US equity markets, in addition to good volatility and intraday and interday trending characteristics. This educatinal site will chronicle trading in the contract.
20051004 Big black candlestick indicates selling pressure. Should test lower, at least at the open of US trading today. Moving averages supporting at these levels.
E-mini Russell 2000 chart
posted by emacro @ 11:09 PM
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