The Hourly View for RTY
Last Updated May 4, 2021, 04:019 GMT
At the moment, E-Mini Russell 2000’s price is down 0 (0%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Of note is that the 50 hour changed directions on RTY; it is now pointing down. 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.
Russell 2000 Daily Price Recap
The choppiness in the recent daily price action of Russell 2000 continues; to start today, it came in at a price of 2277.451 US dollars, up 0.49% (11) since the previous day. Out of the 14 instruments in the equity indices asset class, Russell 2000 ended up ranking 6th for the day in terms of price change relative to the previous day. Here is a daily price chart of Russell 2000.
Russell 2000 Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.