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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)
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