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Mini Russell Chart Review & Support and Resistance Levels 7.21.2021

Posted on by Ilan

Dear Traders,

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What happened from one day to the next??
After a large sell off yesterday, stock index futures bounced sharply today….
I wish I REALLY knew…..However, a mentor of mine once told me that in situations like this, the 3rd day action is critical to watch and see if the market really holds and a temporary bottom is in or if the sell off resumes.
4 hour chart of the RTY for your review below.
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Good Trading

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Futures Trading Levels

7-21-2021

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Economic Reports, source: 

 www.BetterTrader.co

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