RUSSELL 2000 PULLS BACK TO TRENDLINE SUPPORT ZONE WATCHING!
Hey Traders so today continuing previous chart on Russell 2000 so as you can see markets always do eventually pull back most of the time.
So what now?
Well support at 2127 seems to want to hold. FED meeting tommorow of course could change that.
Always expect the unxepected in trading!
I am bullish Russell and the other Indexes also Nasdaq 100 seems to be holding support wanting to lead the market higher. But it all depends what they say in tommorows meeting. If they are hawkish stocks could come down hard. But if dovish probably rally from here.
I do not have a trade recommendation right now but will be watching how market reacts!
Good Luck to those who are Trading Tommorow.
Always use Risk Management!
(Just in case your wrong in your analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
So what now?
Well support at 2127 seems to want to hold. FED meeting tommorow of course could change that.
Always expect the unxepected in trading!
I am bullish Russell and the other Indexes also Nasdaq 100 seems to be holding support wanting to lead the market higher. But it all depends what they say in tommorows meeting. If they are hawkish stocks could come down hard. But if dovish probably rally from here.
I do not have a trade recommendation right now but will be watching how market reacts!
Good Luck to those who are Trading Tommorow.
Always use Risk Management!
(Just in case your wrong in your analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.