E-Mini Russell 2000 Enters Today Up 0.82%

News Releases Impacting E-Mini Russell 2000

  • Forecasted Michigan Consumer Sentiment Prel in United States: 72.4.. The previous number: 71.7.. (0.98% difference between the two.)

The Hourly View for E-Mini Russell 2000

  • At the time of this writing, RTY’s price is down 0 (0%) from the hour prior.
  • E-Mini Russell 2000 has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears.
  • As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe.
  • 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 time of this writing, RTY’s price is up 19.56 (0.82%) from the day prior.
  • This move is a reversal from the day prior, which saw price move down.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe.
  • The moving averages on the daily 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.
  • 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

  • Half A Dozen Things You Should Know About FX – Marc Chandler
    November 12, 2021

    The market is still digesting the implications of Wednesday’s CPI shock. The dollar’s gains accelerated since the higher than expected CPI report.