RIDE THE RUSSELL!! Our Favorite This Year!

7 сент. 2020 г.

Hello Traders,

IWM (Russell2000) has been one of our FAVORITE trades this year. We've participate on every major rally we saw. Those nice 6-10% overnight hold trades.

We're waiting for the Russell and the Dow to join other indexes towards the ATH breakout levels.

Let's go straight to the chart.

2 important levels:
1. $153-154 major breakout support
2. $148-$150 previous breakout support

These 2 levels put us in a nice buying support range.

Although we don't see it on this chart the Russell2000 (CFD) is currently up 1.2% (9/7/20 12:20 PM EST). A daily candle close above the $1541 level would put us right back on the bullish zone.

Watch for a potential gap up on the Russell going into Tuesday trading session.

RIDE THE RUSSELL!

*NOT A FINANCIAL ADVICE, THIS IS JUST OUR PERSPECTIVE AND WE DO NOT RECOMMEND ANY TRADES WE PUBLISH ON OUR CHANNEL. YOU WILL LOSE MONEY.