Four trade setups for next week

RUSSELL2000

RUSSELL2000 is reaching a strong upside resistance of 2015. A break above this level would lead to a significant upside extension, but a rejection from here would lead to a substantial downside swing and a test of 1900.

TRADE SETUP: SHORT SL 2060 TP 1800

SLV (ISHARES SILVER TRUST ETF)

SLV lost upside momentum and broke below 30. This downside breakout is opening a door for deeper downside swing to 27.40.

TRADE SETUP: SHORT SL 29.90 TP 27.40

OIL

OIL broke below 58.50 and is gaping down and I see an extension downside to 45 possibly.

TRADE SETUP: SHORT SL 61 TP 45

HIMS

HIMS is breaking to the upside above 35. This breakout is opening a strong reversal higher.

TRADE SETUP: SHORT SL 32.20 TP 59