ndau

Was Russell just in Wave B for the entire year?

Long
ndau Updated   
TVC:RUT   US Small Cap 2000 Index
Please see my previous idea from July 2018 copied below. It appears that RUT followed this pattern exactly and may be now be declining in Wave C. Load new bars and enjoy!

However, the wave count on a lower timescale shown above indicates that RUT may just be in wave 4 and could move up in wave 5 before declining in Wave C, of course, if this wave count is correct.

PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.



Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.