Russel 2000

24 Sep 2019 ‚óŹ 03:47 AM

On weekly charts the Russell 2000 has formed a triangle. A triangle has five legs. If wave D up completed and the fifth leg, wave E, down could go to 9830. In the big picture this triangle would still be a 4th wave as long as it holds above the channel lines.

russel 240919

A 5th wave longer term would still be pending on the upside.

 russel 240919a

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