Free MICRO E-MINI RUSSELL 2000 INDEX (M2K) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Buy Hold Buy
Last Update / Period
03 May / Daily
Category/Currency
Futures/USD
Exchange/Country
CME/--

MICRO E-MINI RUSSELL 2000 INDEX (M2K) signal with technical analysis on 03 May

On 03 May, we conducted a comprehensive technical analysis of MICRO E-MINI RUSSELL 2000 INDEX (M2K), considering 256 signals with intricate details. Here are the key findings: 157 signals suggested buy strategies, while 22 indicated sell strategies. The remaining 77 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 45
Sell Signals: 2
Neutral Signals: 17
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 42
Sell Signals: 2
Neutral Signals: 20
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 35
Sell Signals: 9
Neutral Signals: 20
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 35
Sell Signals: 9
Neutral Signals: 20
Result: This strategy leads to a Buy position.

Overall Strategy:
Buy Signals: 157
Sell Signals: 22
Neutral Signals: 77
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your MICRO E-MINI RUSSELL 2000 INDEX (M2K) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for MICRO E-MINI RUSSELL 2000 INDEX (M2K) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

MICRO E-MINI RUSSELL 2000 INDEX (M2K) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

MICRO E-MINI RUSSELL 2000 INDEX (M2K) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 5.22%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **MICRO E-MINI RUSSELL 2000 INDEX (M2K)** holdings.

MICRO E-MINI RUSSELL 2000 INDEX (M2K) Price Analysis and Resistance Levels:

Given our current long position in MICRO E-MINI RUSSELL 2000 INDEX (M2K), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (2096.6): The primary hurdle we face is the 2096.6 price level. If the current trend remains unchanged, MICRO E-MINI RUSSELL 2000 INDEX (M2K) could break above this level, signaling its strength and potential for further growth.

Second resistance level (2132.5): If the upward trend continues with significant strength, we may see MICRO E-MINI RUSSELL 2000 INDEX (M2K) cross the second resistance level at 2132.5, indicating a major upside move and a promising direction for our position.

Third resistance level (2167): For a more comprehensive analysis, consider a scenario where MICRO E-MINI RUSSELL 2000 INDEX (M2K) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, MICRO E-MINI RUSSELL 2000 INDEX (M2K) could potentially reach the third resistance level of 2167.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading MICRO E-MINI RUSSELL 2000 INDEX (M2K), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

MICRO E-MINI RUSSELL 2000 INDEX (M2K) technical analysis chart

MICRO E-MINI RUSSELL 2000 INDEX (M2K) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 2096.6 2132.5 2167 2172.1 2249.2
Support 1916 1904.7 1709.1 1638.9 --
 MICRO E-MINI RUSSELL 2000 INDEX (M2K) Support and Resistance area (03 May)  MICRO E-MINI RUSSELL 2000 INDEX (M2K) Support and Resistance area (03 May)

MICRO E-MINI RUSSELL 2000 INDEX (M2K) signals list for 03 May

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

MICRO E-MINI RUSSELL 2000 INDEX (M2K) candlestick patterns on 03 May

Today's MICRO E-MINI RUSSELL 2000 INDEX (M2K) Candle Patterns List:

Belt-hold Long Line Candle

MICRO E-MINI RUSSELL 2000 INDEX (M2K) technical analysis over the past days

# Date Overal Signals ALL Signals
1 02 May Buy HoldHoldHoldBuy
2 01 May Hold NeutralHoldHoldNeutral
3 30 Apr Hold NeutralHoldHoldNeutral
4 29 Apr Hold HoldHoldHoldNeutral
5 28 Apr Hold HoldHoldHoldNeutral
6 25 Apr Buy HoldHoldBuyNeutral
7 24 Apr Hold HoldHoldNeutralNeutral
8 23 Apr Buy HoldBuyNeutralNeutral
9 22 Apr Buy BuyNeutralNeutralHold
10 21 Apr Sell SellNeutralHoldHold
11 17 Apr Buy BuySellNeutralHold
12 16 Apr Hold NeutralNeutralHoldHold
13 15 Apr Hold HoldNeutralHoldHold
14 14 Apr Buy BuyNeutralHoldHold
15 11 Apr Hold NeutralHoldHoldHold
16 10 Apr Sell SellHoldHoldHold
17 09 Apr Hold NeutralHoldHoldHold
18 08 Apr Hold HoldHoldHoldHold
19 07 Apr Hold HoldHoldHoldHold
20 04 Apr Hold HoldHoldHoldHold
21 03 Apr Sell SellSellSellHold
22 02 Apr Hold NeutralNeutralNeutralHold
23 01 Apr Hold HoldHoldHoldHold
24 31 Mar Hold HoldHoldHoldHold
25 28 Mar Sell HoldSellSellSell
26 27 Mar Hold NeutralNeutralNeutralNeutral
27 26 Mar Hold HoldHoldHoldNeutral
28 25 Mar Hold HoldHoldHoldNeutral
29 24 Mar Buy BuyBuyBuyNeutral
30 21 Mar Sell NeutralNeutralHoldHold

Users forecasts for MICRO E-MINI RUSSELL 2000 INDEX (M2K)

What is your prediction?

In this section, you can easily predict without user registration. See also other users predictions.

What is your prediction?

MICRO E-MINI RUSSELL 2000 INDEX (M2K) predictions by visitors

Please fill in your email
Please fill in your Text
CAPTCHA Image
Please fill in your Captcha

Comments