Member Login

Tag: rut

Huge Indecision Area On Major Equity Indices

The Russell 2000 is at the 50 day moving average as well as a horizontal and uptrend resistance area.   The S&P 500 has now put in three weekly doji closes in a row….indecision is an understatement.  While it can break in either direction at any time, this choppy sideways action can also continue.  Our […]

Various Market Thoughts – Time To Shorten Trading Horizon

Despite a bounce in the major averages yesterday, the market remains in no-man's land and is churning away. Given all the headwinds I discussed here tirelessly I think the direction of stock prices over the next two months is flat to down.  As such we are increasing our focus on shorter-term trading in Bucket 1 […]

What is the Russell 2000 Index Telling Us?

On May 2nd 2011 the Russell 2000 (RUT) small-cap index landed at a fresh all-time high.  From the March 2009 lows to the May 2011 highs, the measured move equals more than 150%.  The S&P 500 in comparison rose just over 100% over the same time period.    As the often weaker summer months for […]

Russell 2000 Broke Below 8 Month Uptrend

Note yesterday the Russell 2000 broke below the uptrend line in place since last September and also broke below the 50 day moving average (yellow line).  Just something to keep in mind.

Quick Market Wrap-Up…May Need A Pause

Hi Folks I was in transit all day today and now a little jet-lagged so I will keep this brief. Well, it was another rally day in the markets and we did climb and close above SPX 1320. All summed-up this is now a 5.5% rally in 10 trading days.  I mentioned that as a […]

Levels To Watch On SPX, RUT, IYT

Good Morning Again! Here are the levels I am watching on the S&P500, the Russell 2000, and the Dow Transports ETF (IYT). SPX Support: 1320, 50 day moving average (yellow line), 1310, 1300.   SPX Resistance: 1340, 1345.   I still see a potential final SPX upside target somewhere between 1380 and 1450. RUT Support: […]

Get Serge’s Daily Trading Tips

Want my tips and tricks to the markets? Subscribe and learn more about trading and investing, get an upper hand on the markets and on the path to a steadier trading and investing process. By subscribing you can expect to get anywhere from 2-4 new videos each week with clear, actionable, and relevant market commentary directly in your inbox. Not to mention you’ll be the first to know when we have upcoming Live Training Sessions. Enter your name and email and welcome to The Steady Trader family.

 

Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Read our Full Disclaimers HERE.

Facebook Twitter
Member Login