E-Mini Russell 2000 Enters Today Down -0.23%

News Releases Impacting E-Mini Russell 2000

  • Forecasted Michigan Consumer Sentiment Prel in United States: 61.4.. The actual number: 59.7.. (2.85% difference between the two.)

The Hourly View for E-Mini Russell 2000

  • At the time of this writing, RTY’s price is up 7.26 (0.36%) from the hour prior.
  • E-Mini Russell 2000 has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls.
  • From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
  • The moving averages on the hourly 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.

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

RTY

The Daily View for E-Mini Russell 2000

  • At the moment, RTY’s price is down -4.62 (-0.23%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • 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