Bearish rising wedge forming/RUSSELL small cap USD2000USD

25 Oca 2018

A bearish rising wedge is forming for RUSSELL small cap index US2000USD as falling dollar pushed Thomson Reuters commoditiy index TRJEFFCRB rising to 11 month high. Smart money should unwind stock possitions from their porfolio firstly small cap one. Breaking down this wedge would confirms the short-term correction of stocks market.

Trading strategies:

Go short US2000USD for target 1570, stop loss at 1610

30 Oca 2018

İşlem aktif

Time to scale in when momentum increase, target at 1560, stop loss at 1590.4

31 Oca 2018

İşlem elle kapatılmış

Close all positions at 1591 when scale in position hit stop loss at 1590.4