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.
Thursday, August 31, 2006
Wednesday, August 30, 2006
20060830 After breaking out of the consolidation pattern, the bigger picture looks to be an inverted H&S pattern, upside should still be strong. E-mini Russell 2000 chart
Friday, August 25, 2006
20060825 ES bull flag looks better than the one on the Russell. Again, looking at close above some highs to go long. E-mini Russell 2000 chart
20060825 Russell in bull flag formation? If so, a close above 706 indicates a long trade. E-mini Russell 2000 chart
Thursday, August 24, 2006
20060824 Stable spinning top candle. If trades above 705.8, will be considering longs. E-mini Russell 2000 chart
Wednesday, August 23, 2006
Tuesday, August 22, 2006
20060822 Price action suggests Russell consolidating before next move (possibly up). Support at 702. E-mini Russell 2000 chart
Monday, August 21, 2006
20060821 A correction at last after the strength of last week. Still bullish, if doesn't close below 699.20. E-mini Russell 2000 chart
Friday, August 18, 2006
20060818 Russell CCI moves into overbought conditions. Strong close into end of the week augers well, at least for the first part of next week's trading. E-mini Russell 2000 chart
Thursday, August 17, 2006
Wednesday, August 16, 2006
Tuesday, August 15, 2006
Saturday, August 12, 2006
20060811 Russell limps to weak close, continuing on our bearish sentiment. E-mini Russell 2000 chart
Thursday, August 10, 2006
Wednesday, August 09, 2006
Tuesday, August 08, 2006
20060808 Russell futures on Fed day. Could be poised for break down from consolidation range. E-mini Russell 2000 chart
Monday, August 07, 2006
Friday, August 04, 2006
Thursday, August 03, 2006
20060803 Russell breaks out of consolidation, with good CcI momentum, targets 720. E-mini Russell 2000 chart