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Gotmar

RUT - reversing in a massive CUP & HANDLE pattern?

Short
US Russ 2000 (OANDA:US2000USD)  
Gotmar Updated   
OANDA:US2000USD   US Russ 2000
Trend Analysis Harmonic Patterns Beyond Technical Analysis RUSSELL 2000 IWM russell
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trendanalysis harmonicpatterns beyondta rut iwm russell
  • Russell looks like reversing - many signs that 2174 could be a TOP in place - see my previous idea
  • BUT the reverse has been very SLOW so far
  • it looks like a massive top reversal curve or CUP & HANDLE pattern
  • it could be turning in a massive channel till Friday next week (options expiry) or beginning of FEB
Comment:
likely scenario for DOOUBLE TOP channel

snapshot
Comment:

Related Ideas

Gotmar
RUT TOP? divergences & harmonic patterns, short from 2174
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