Hey Traders so here we can see that it's building support levels and holding. So imo this is a bullish sign if Nasdaq 100 continues to rise I think it should push Russell higher as Nasdaq normally leads the market.
So if you are bullish make sure you put your stop below a good support level.
If bearish I would wait until market breaks serious support like 2030 or wait until Sept.
Always use Risk Management!
(Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
So if you are bullish make sure you put your stop below a good support level.
If bearish I would wait until market breaks serious support like 2030 or wait until Sept.
Always use Risk Management!
(Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
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