RUT – Page 9 – The Art Of Chart

Tag: RUT

The Falling Megaphone on RUT

A very key pattern that I've been watching here for direction is the likely falling megaphone on RUT.This has been a slow developer and has now been forming for an impressive seven weeks. Assuming that this is indeed a falling megaphone then the next target within the megaphone is megaphone resistance, now in the 1511...

An Inverse Correlation To Depend On

We did the monthly free public Chart Chat at theartofchart.net yesterday, and if you missed that the recording is posted on the November Free Webinars page here. We were asked a question about a correlation there, and I remarked that I don't think most correlations are worth much. If you think USD is going down and therefore gold should...

The Ghost Of Volatility Past

Are the equity indices topping out here or not. I think yes, though likely just for a retracement before higher highs. SPX is retesting good trendline resistance, is on a strong daily RSI 5 / NYMO sell signal, and a daily RSI 14 sell signal is now brewing as well. Another retest of the all...

A Whiff Of Grapeshot

Nice trend down for the first half day today. There is still an outstanding H&S target below on NQ in the 5975 area, but the strong support zone on ES in the 2539-43 has been tested with the LOD currently at 2541.5. That is a possible H&S neckline, and if a right shoulder forms the...

Finally Monsieur, A Wafer Thin Mint

I've been mentioning that TF/RUT has been forming some kind of bull flag that should deliver a retest of the all time highs on TF/RUT, and that bull flag is a clear falling megaphone flag on RUT that underthrew bullishly yesterday morning and broke up this morning with a minimum target at a retest of...

Options Trading and Investing Service for the Week of Feb. 12th

The Options Trading and Investing service provides perspective on high quality setups and option trading strategies for the coming week. We carefully select these setups due to their quality and profit potential and we report back on results. This week we look to initiate positions in AAPL, RUT and VXX. Please refer to our education video...

Chart Chat for September 6th, 2015

Below is the Chart Chat video for September 6th. This session was an hour in length and we covered Indexes,? Currencies, Energies, Precious Metals, Bonds and a Q&A session. Jack and I have started our subscription services. Please check out our new subscriptions here -? https://theartofchart.net/2015/09/06/subscription-services-now-avaliable/ We are now offering Chart Chat as a subscription...

Wednesday Update – SPX, RUT, ES, Oil, Gold and USD

The Wednesday Update is below and it covers SPX, RUT, ES, Oil, USD, and Gold. We did get the turn we expected in the indexes in the 1900 area as possible support as per the Monday Update. Marginal new highs possible from here but odds are that we see a turn and new lows. Signup...

Chart Chat for August 30th, 2015

Below is the Chart Chat video for August 30th. This session was an hour in length and we covered Indexes including International,? Currencies, Energies, Precious Metals and a Q&A session. Jack and I will be starting subscriptions next week in September. Included will be a chart service which will include a basic package of instruments...

Friday Update – SPX, RUT, GC, Oil and USD

The Friday Update is below and it covers SPX, RUT, ES, Oil, USD, and Gold. Am on holiday this week but back on Sunday for Chart Chat. Updates three days a week next week as usual. We did get the V day we expected but did not see our target area in the 1834-22 area....