Underestimated previous confluence area, but HODL because RUT finally dropping and will hit lower lows. Look at current trend and it is obvious that history will most likely repeat itself. Sell when RUT RSI hits below 30. Do not hold too long or will get burnt. Bearish Gartley proving to be correct and trend will very likely continue down much further for following day(s)
Interesting that your analysis showing support respected at 2100 level. Thats another 7% drop in typical volatility not assuming market meltdown scenario.
youngposty
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@oside4, yeah well that is just previous respecting level. Don't expect it to go that low. If you look right now the stock is consolidating in the golden ration zone.