TradeCompass: Russell 2000 Index Futures Analysis – January 16, 2025
Financial Instrument: Russell 2000 Index Futures (RUT Futures)
Price at the time of analysis: 2279.3
Key levels and trading conditions for Russell 2000 Futures Today
Bullish above: 2291.3
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Why Bullish Above:
If so Russell 2000 Future rise above 2291.3, the price will cross yesterday's High Value Area (VAH) at 2288.5 and move above the first high standard deviation of yesterday's VWAP. This confirms a bullish trend and opens opportunities for long trades. -
Bullish Profit Targets for Russell 2000 Futures Today:
- 2298.25 – Take a quick part of profit below the psychologically important round number 2300.
- 2310.3 – Last extended target for bullish positions.
Bearish below: 2271.2
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Why Bearish Below:
A move below 2271.2 puts the price below yesterday's Low Value Area (VAL), indicating increased selling pressure and confirming a bearish bias. -
Bearish Profit Targets for Russell 2000 Futures Today:
- 2263.8 – Take a quick profit near the first standard deviation minimum of yesterday's VWAP.
- 2254.7 – Just above the VAH and VWAP on January 14, offering further downside potential.
- 2241.8 – Last target just above the beginning of yesterday's CPI rally.
Educational Ideas for Russell 2000 Futures Traders
VWAP in Russell 2000 Futures analysis
The Volume Weighted Average Price (VWAP) is an essential indicator for monitoring institutional activity and key price levels in Trade RUT Futures.
- How VWAP helps today:
- A price above VWAP and its upward movements often indicate a bullish sentiment.
- A price below VWAP and its lower trends indicate bearish pressure.
- Use VWAP in conjunction with Value Range levels to update trade entries and exits.
Value Range in Russell 2000 Futures Today
- Importance of the Value Range:
The Value Range indicates where 70% of trading volume occurs, providing essential levels for traders.- Bullish Strategy: Look for long entries near the VAL, aiming for VAH or higher levels.
- Bearish Strategy: Enter shorts near the VAH, aiming for the VAL or lower deviations.
- Combine Value Area analysis with VWAP and Delta to enhance trading strategies in Russell 2000 Futures Today.
Denial
This Russell 2000 Futures Analysis for educational purposes only and is not financial advice. Trade in RUT in the future involves risks and may not be suitable for all investors. Always trade carefully and manage your risk carefully.
A visit ForexLive.com for more insight and updates on Russell 2000 Futures analysis.
This Russell 2000 Futures Analysis serving as a “compass” for navigating today's market. Use the bullish and bearish thresholds outlined to anticipate price movements and incorporate profit-taking strategies to effectively balance risk and reward.
