Russell 2000 (RTY) Underperforms All equity indices; Heads Down For the 3rd Consecutive Day

1 min read
RTY

The Hourly View for RTY Last Updated February 19, 2021, 01:015 GMT At the moment, RTY’s price is down 0.02 (0%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Price action traders may also wish to note that we see a doji candlestick pattern on RTY. Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth…

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