Below is CFDTrading archive of daily coverage for the Russell 2000.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
Price action traders may also wish to note that we see a doji candlestick pattern on e-mini russell 2000.
Out of the 14 instruments in the equity indices asset class, russell 2000 ended up ranking 12th for the day in terms of price change relative to the previous day.
Price action traders may also wish to note that we see a doji candlestick pattern on e-mini russell 2000.
Given that we see downtrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Relative to other instruments in the equity indices asset class, russell 2000 ranked 2nd since yesterday in terms of percentage price change.
Russell 2000 outperformed all 14 assets in the equity indices asset class since yesterday.
Of note is that the 20 hour changed directions on rty; it is now pointing up.
For additional context, note that price has gone down 6 out of the past 10 days.
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.