Chart of the day

Russell2000 is testing the 2030 level which is support for the upside continuation. A break below this level will lead to a downside reversal and a pullback to 1920.

Only in the case of a break above 2120, we can expect an upside continuation and an extension higher to test 2300 possibly. There will be a higher probability of the downside reversal than the extension upside if we get a break below 2030.

_{You can open a short trade entry upon a break below 2030 with a stop loss just above 2130. Long trades you can open upon a confirmed break above 2140.}