Russel 2000

3 Oct 2018 ‚óŹ 04:00 AM

As anticipated last week the Russel, small cap index completed wave 5 after a triangle and gave up completely. It broke the wave e of 4 swing low yesterday adding evidence to the completion of the 5 wave rise. Weekly momentum was already in sell mode so no surprise there. And the move lower is unlikely over with the next key support at 1629.

russel 031018

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