Browse Symbol Stacks: $RUT: content.screencast.com/use.../RUT12114.jpg
Updated RUT Chart
Here's what the updated $RUT chart looks like with the current Average True Range reversal signals. The short term, intermediate term, and long term reversal are calculated using daily, weekly, monthly ATR. The green lines are upside reversals, red lines are downside reversals. I'll be using 4 week options, 3 month options, and straight long/short positions for the different timeframes. Currently working off of RUT, SPX, and SLW...but will expand to other securities over time.
Currently $RUT is on ST sell, IT buy, LT buy.