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Good morning, Traders! I'm excited about what's happening in the E-mini Russell 2000 (RTY)! The sell-off I predicted is almost fulfilled. The market is getting closer to hitting our Fibonacci extension of 2180.3. Once the RTY hits that lower price, we'll look for a U-turn back toward the top of the channel. If everything goes according to plan, that means a +1800 tick opportunity! That means more money in your pocket if you make this trade at the right moment.
But it's not as simple as jumping in and making things happen. Make sure you check out my free information on how to enter the market at the correct time.
As we watch the RTY approach the point where it should U-turn, we'll need to keep an eye on our timeframe charts to make sure we're ready to execute our entry strategy as the market heads back into another bullish rally. Don't have a trading strategy? Read up on my trading tips to find out how to get started on building your own!
Now let's jump into the timeframe analysis for the RTY to see how we can get ready for this money-making opportunity:
The RTY daily timeframe shows the market preparing to bottom out at support (lower grey line). The sell-off is playing out just as I predicted. Check out how close it is to my yellow line in the chart! We're almost at the bottom of the channel, which means a rally is on its way.
For the full details behind the RTY daily timeframe analysis, go here. You'll need all the info to make this trade the right way.  The daily timeframe shows that the RTY is still in an overall upward trend
The RTY one-hour timeframe is about to turn bullish again!
 We're expecting a U-turn toward bullish near the bottom of the channel
 The RTY is almost at support (bottom grey line) in the daily timeframe. We should expect a U-turn soon as the market rebounds and heads back in a bullish direction
The one-hour timeframe for the RTY shows us that the market is ready to turn bullish! Both the long-term and short-term directions of the market are now up as the price is about to bounce off support. This is where the action is when it comes to making money in a futures market.
You'll need to observe the one-hour timeframe if you want to time this right, so read the rest of the analysis here!  The one-hour timeframe tells us when it's time to buy into the RTY. Once we see the market U-turn and then break the counter trendline, we'll be ready to buy at the low price and make money as the market rallies once again!
This is a fantastic opportunity to get in on an upcoming RTY rally as the market price prepares to bottom out and turn back positive. We can expect some serious positive tick movement out of the RTY. Remember that buying low and selling high is fundamental to making money in any market, especially futures.
To get ready, be sure to read more about tick values and what they mean for futures trading here! The RTY is poised to make some serious positive movement once the sell-off settles out and turns around You've now got the basic info on what's going to happen to the RTY futures market, but what do you do with it? Check out my resources to become a serious futures trader who makes actual money in the market. It's not as complicated as it seems if you follow my strategy! Keep On Trading,  It's not the market. It's not your indicator. It's TRADING. Let it go. The first step toward consistent profits comes when you accept the reality that losses will occur. Look at the past, but don't stare. Accept what's happened and move on. Target tighter entries. Get the heck out of those losers you're hanging on to. Accept. And start to enjoy trading.
Stay tuned for my next edition of Josh's Daily Direction.
And if you know someone who'd love to make this a part of their morning routine, send them over to https://joshsdailydirection.com/ to get signed up!
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