US Small Cap 2000 Index
Short

13 May 2020 swift evaluation of RUT

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A swift evaluation is conducted based on a single day without look back.
RUT is currently in a bear trend.
Prices are trading in a range of approximately 35.88 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1211.08 - 1255.42.
If strength and trend continue, RUT is trying to reach 1198.59.
It could take between 1 to 2 trade periods to reach the projection.

Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 1287.07
The trend moving average: 1261.52
SAR: 1355.01

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