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Will the RTY Downtrend Continue?
The Russell 2000 (RTY) futures market looks set for continued bearish movement. This index, which tracks the performance of small-cap stocks, has been stuck in a down trend for the last two weeks. However, it is still at a low price. If it can make it back to the downtrend line, that could be a …
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Looking for a Retest of the Recent Lows?
Last Friday’s trading session was a bloodbath… After Federal Reserve Chairman Jerome Powell made aggressive statements regarding a path of more interest rate hikes, the indexes sold off hard all day. The S&P 500 dropped 3.4%, the Nasdaq 100 declined a whopping 4% and the Dow Jones fell just over 3%, or more than 1,000 …
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