TradingView
jackdot1
Jul 18, 2019 11:53 AM

Does the EW count on the Russell Look like a classic? Long

US Small Cap 2000 IndexTVC

Description

This morning the Russell looks classic. Can it be while the S&P have run up to new highs, broke the record 3000 on the SPX but the Russell hasn't seen a new high since 2018. Well maybe the time has come. If this cursory placement of the classic EW count using the Trading view charting function can provide some clue as to the future direction. After all, it's the future price that we are concerned with.
Our current EW take for the Super cycle is that Wave 1 Super ended in 2000. Wave 2 ended in 2009.
Next is Major, then Primary counts which you can mark for yourselves.
Put in your orders, manage your stops and good luck to your trading.
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