20060428 Price action still bullish, but prices need to break out of the downward consolidation in order to maintain the momentum. E-mini Russell 2000 chart
E mini Russell 2000 trading
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.
Friday, April 28, 2006
Thursday, April 27, 2006
20060427 Candlestick price action shows balance between buying and selling. ER needs to not suffer any technical damage. E-mini Russell 2000 chart
Monday, April 24, 2006
20060424 ER down on doomsday prediction of US75 oil. But the pattern looks like a bull flag formation. E-mini Russell 2000 chart
Friday, April 21, 2006
20060421 Small cap Russel is consolidating the week's gains. Crude Oil price went above US75 per barrel. E-mini Russell 2000 chart
Thursday, April 20, 2006
20060420 Rusell cap encountered profit taking, on a Day the Dow breached 10400. Could signal rotation into big caps. E-mini Russell 2000 chart
Wednesday, April 19, 2006
20060419 Small cap futures stride into higher territory despite the doom of crude oil breaching US72 per barrel. E-mini Russell 2000 chart
Tuesday, April 18, 2006
20060418 Impulse move back up to test the previous highs, looks to be pretty bullish price action. E-mini Russell 2000 chart
Monday, April 17, 2006
Thursday, April 13, 2006
20060413 Pre easter break trade sees ER2 back up to test 760 resistance at mov average, which proves to be good resistance. E-mini Russell 2000 chart
Tuesday, April 11, 2006
20060411 CCI falls below zero, support is broken. Looking to short first pullback to the short ma. E-mini Russell 2000 chart
Monday, April 10, 2006
20060410 A spinning top formation, bulls and bears fighting for control. Judging from the action on NFP day, looks to be possibl headed lower in the days ahead. E-mini Russell 2000 chart
Saturday, April 08, 2006
20060407 In one complete reversal pattern, the Russel's technical health now proves to turn ugly to the downsie. Expecting further weakness ahead next week. E-mini Russell 2000 chart
Thursday, April 06, 2006
20060406 Rusell futures proves resilient with buyers ocming back in in the face of early selling E-mini Russell 2000 chart
20060405 Russell futures daily chart shows no technical concerns, steady as she goes. E-mini Russell 2000 chart
Tuesday, April 04, 2006
Monday, April 03, 2006
Sunday, April 02, 2006
20060331 Small caps continue to forge higher, with the s&p 500 consolidating sidewas. E-mini Russell 2000 chart