Tag "russell 2000"

COT Report: Russell 2000 Breakout Due For Retest?

The following chart and data highlight non-commercial commodity futures trading positions as of May 15, 2018. This data was released with the May 18 COT Report (Commitment of Traders). Note that this chart also appeared on my blog. The chart below looks at non-commercial futures trading positions for the Russell 2000. For the…

Stock Market Update With DeMark Indicators: More Sideways Ahead?

For much of 2018, the stock market has been trading sideways with a high degree of volatility. This in part due to the ongoing correction / consolidation. So, where are we now? From a DeMark indicators standpoint, the primary posture of the secular bull market which began in 2009 hit…

U.S. Equities Weekly Outlook: Bulls Need To See Breadth Thrust

The latest rally attempt has seen indexes breakout above downtrends. But market internals could be/should be better. Here’s our latest look at key technical and fundamental indicators and market trends for the trading week ending May 11, 2018. Key Takeaways: The S&P 500 has bounced off its early May low…

Russell 2000 Index: Small Cap Stocks Are Stuck In A RUT

The following chart and data highlight non-commercial commodity futures trading positions as of April 24, 2017. This data was released with the April 27 COT Report (Commitment of Traders). Note that these charts also appeared on my blog. The chart below looks at non-commercial futures trading positions for the Russell 2000. For the…

Russell 2000 Outlook: Bulls Should Be Back Soon

With vastly increased volatility and some precipitous down days, equity indices have been giving some investors heartburn. For the Elliott wave trader, that volatility can mean opportunity. We believe the major U.S. equity indices are nearly finished with a fourth wave correction, and that prices should climb up to new…

COT Report: Russell 2000 Is Toeing The Line(s)

The following chart and data highlight non-commercial commodity futures trading positions as of February 27, 2017. This data was released with the March 2 COT Report (Commitment of Traders). Note that these charts also appeared on my blog. The chart below looks at non-commercial futures trading positions for the Russell 2000 futures. For…

U.S. Equities Trading Update: Trend Reversal Watch

S&P 500 Trading Outlook (2-3 Days):  Expecting trend reversal between Friday and Tuesday The S&P 500 has moved above stops from shorts at 2725, but a zone for trend change remains in effect through early next week. That said, we’ll need to await the S&P 500 turning back down and under 2725 again before…

Russell 2000 Elliott Wave Forecast: Higher Target Possible

The recent correction in U.S. stock indices is on par with expectations we described last October. Now we highlight some supports and targets to watch in the iShares Russell 2000 ETF (NYSEArca: IWM) with an overall bullish expectation into summer. Assuming our support levels hold, this serves as a Russell…

Stock Market Weekend Update: Near-Term Concerns Bubble Up

The market has been very strong to start 2018 but there are a few near-term concerns bubbling up. Investor sentiment has become overheated, the broader stock market is overbought, and the Russell 2000 and small cap stocks are still lagging. Key Takeaways: Small-caps are trending higher and making new highs,…