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Russell 2000: No Long Entry Timeframe

Published 05/30/2014, 10:13 AM
Updated 07/09/2023, 06:31 AM
US500
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DIA
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QQQ
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GC
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CL
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IWM
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XLF
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IYT
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S&P 500: has a weekly primary target of $194.68
SPY Weekly Chart

SPDR DJ Industrial Average (ARCA:DIA): since the higher time frame (upper indicator) has a FL
DIA Weekly Chart

iShares Russell 2000 Index (ARCA:IWM): still working off the weekly divergence but no long entry on this time frame yet.
IWM Weekly Chart

PowerShares QQQ (NASDAQ:QQQ): approaching primary target of $92.04
QQQ Weekly Chart

Financial Select Sector SPDR Fund (ARCA:XLF): looks to possibly trigger a long trade this week.  Being that the higher t/f has a FL
XLF Weekly Chart

iShares DJ Transport Average Index (ARCA:IYT): reached primary target today.  Bit of a 3-push divergence on the higher time frame.
IYT Weekly Chart
ES: has a primary target of 1945.75
ES Weekly Chart

Crude Oil: missed the primary target by 12-cents and is nearly back to entry.  Could result in a loss.
CL Weekly Chart

Gold: another sell trigger this week.  However, the higher time frame has a FL > SL but the weakness potential for a move under 1175 is certainly present.
GC Weekly Chart
 

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