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Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Quick Tip:
I want to share something I have noticed if you are a stock index future trader.
As of lately I noticed that the Russell 2000 is acting as a “leading indicator”, i.e. the Russell will be the leader in up or down moves and may provide clues if you are trading the mini SP 500, NASDAQ, Dow etc.
Of course this is just an observation/ theory and I did NOT back test it or did in depth research but I think it is worth watching/ paying attention to for a few days before you start incorporating it (if at all) into your trading decisions.
30 second charts of both the mini Russell 2000 and the mini SP 500 for your review below, in this example you can see the mini Russell starting to make a move lower about 90 seconds before the mini SP 500 joined. Again, do NOT take this as a trading advice, as I honestly don’t think you can only make decisions based on that but it is worth further homework to see if one can incorporate it into their trading arsenal.
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