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Stocks & Markets Analysis
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What's Next After Russell 2000 Breaks Out & Hit All Time High?

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WYCKOFFPRO joined discussion · Nov 10, 2021 02:27
Find out the detailed market update for $E-mini S&P 500 Futures(JUN4)(ESmain.US)$ , $E-mini Russell 2000 Index Futures(JUN4)(RTYmain.US)$ , $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US)$ and $E-mini Dow Futures(JUN4)(YMmain.US)$ using Wyckoff techniques. This video is extracted from my Weekly Live session on 7 Nov 2021.
Key Points
- Why there is heavy accumulation in Russell 2000 ( $iShares Russell 2000 ETF(IWM.US)$ ) via the apex formation.
- How to anticipate if a potential rotation will happen from $S&P 500 Index(.SPX.US)$ , $Nasdaq Composite Index(.IXIC.US)$ into $Dow Jones Industrial Average(.DJI.US)$ and $Micro E-mini Russell 2000 Index Futures(JUN4)(M2Kmain.US)$
- Why the indices could be in a vulnerable condition and what to expect.
- Using Wyckoff's law — efforts vs results to interpret the supply absorption and judge the timing of the up swing.
- Sector ETF to focus: $Industrial Select Sector SPDR Fund(XLI.US)$ $Invesco WilderHill Clean Energy ETF(PBW.US)$ $iShares US Home Construction ETF(ITB.US)$ and watch out for the extensive run in $VanEck Semiconductor ETF(SMH.US)$
- For small cap, feel free to explore $iShares Russell 2000 Growth ETF(IWO.US)$ $iShares Russell 2000 ETF(IWM.US)$ $Ishares Russell 2000 Value Etf(IWN.US)$
Watch the video below
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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Wyckoff Method, VSA, Youtube: Ming Jong Tey
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