dionvuletich
Short

Russell 2000 Monthly PRZ of 5 Wave Advance

INDEX:IUX   Russell 2000 Index
50 1 0
Russell 2000 Monthly Possibly end of 5 Wave Advance

PRZ's (Potential Reversal Zones) on macro chart for Russell 2000, has bearish divergence + 5 wave fib cluster + ABCD pattern completion at 1275 which we are sitting on right now

Secondary PRZ at 1352 which uses slightly more obscure fib projections 1.414 and 1.272 fib extensions

5 wave Fib Projections built using Robert Miners approach (1275 cluster zone)
1) ABCD pattern = 127.2% extension from point B
2) Distance from point c to top of wave 1 projected from bottom of wave 4 = 100% extension (same length)
3) Distance from point c to top of wave 3 projected from bottom of wave 4 = 38.2% extension

See what happens on shorter time frames... I'm looking to short...!!
Point 1) ABCD Pattern = 127.2% extension from point C (typo)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out