E-Mini Russell 2000 Closed Yesterday Down -1.97%

News Releases Impacting E-Mini Russell 2000

  • Forecasted Personal Income MoM in United States: 0.5%. The actual number: 0.5%. (0% difference between the two.)

The Hourly View for E-Mini Russell 2000

  • Currently, RTY’s price is up 3.64 (0.17%) from the hour prior.
  • E-Mini Russell 2000 has seen its price go down 8 out of the past 10 hours, thus creating some compelling opportunities for bears.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

E-Mini Russell 2000’s hourly price chart is shown below.

RTY

The Daily View for E-Mini Russell 2000

  • At the time of this writing, RTY’s price is down -42.03 (-1.97%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
  • Divergence between RTY’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in RTY’s price.

Below is a daily price chart of E-Mini Russell 2000.

RTY

Latest News Discussing RTY