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ElliottWaveBelgium

Russell2000 - Trouble ahead ! Shorts recommended

Short
US Small Cap 2000 Index (TVC:RUT)  
ElliottWaveBelgium  
TVC:RUT   US Small Cap 2000 Index
Trend Analysis Wave Analysis Beyond Technical Analysis RUSSELL 2000 riskreward elliottwavebelgium short
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trendanalysis waveanalysis beyondta rut riskreward elliottwavebelgium short
Looking at the other indexes, I have to favor the Flat count on this one.

I don't believe to be in a 1,2 / i,ii situation but it's still a valid option just as a potential Diagonal count !
But in both cases price needs to remain above invalidation level !

Shorting is the best option for now.




For non-elliottitians:

Idealized chart :
snapshot



Other indexes are at similiar position.
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