The RUT Classic Bull Trap
Aggiornato
Over the last years RUT has formed a textbook version of the "Return to normal" bull trap.
Recently it spiked in a W pattern into the resistance level that stopped the 2021 rally.
Suddenly, people who've never mentioned RUT before are explaining how this is a critical bullish breakout.
What could possibly go wrong?
Recently it spiked in a W pattern into the resistance level that stopped the 2021 rally.
Suddenly, people who've never mentioned RUT before are explaining how this is a critical bullish breakout.
What could possibly go wrong?
Nota
Profit taken on shorts 2190. Would like to short bounce.
Nota
Back in 2250Trade chiuso manualmente
Out shorts 2200Nota
Easy part of the short over now. Waiting to see if it breaks to form a downtrend. But this is the point sellers have face rip risk is this is a butterfly. Cautious now.
Trade attivo
Back in shorts Trade attivo
Big shorts on this now. 
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