L_F

RUSSELL - Looking Bullish..

Long
L_F Updated   
OANDA:US2000USD   US Russ 2000
US2000USD Completed a major pattern yesterday so its set up nice for more upside. We do have the big data days coming up on Wednesday/Thursday which can change things but this is where we are for now..

Enjoy the day.
Comment:

After the nice rally from the pattern completion it has come all the way back down to make a new low. We have less fireworks in the way of US data this week so it might be a bit easier to get on board either way.
The next chart will have the update as to where it could be going next.
Comment:

Waiting for a low to come in then buy a decent rally PB. Can still be Bullish or bearish we just need to wait for the next move.
Comment:

We got that last low we were looking for and the rally. Now we wait for a top and an ABCD PB that could get back down to the 2k level but we just need to watch for a pattern to give us the area to buy.

Enjoy the day.
Comment:

Watching for intraday turn points today..
Comment:

The Russell is still working through the correction so we have to wait for a direction on this one. I will post intraday updates as we go through the week.
Comment:

With the NASDAQ getting weaker after leading the way to the upside the roles seem to have reversed with the RUSSELL closing above 3 Standard Deviations which is very rare. If you're in it good if not its best not to chase and wait for a PB.

Enjoy the week.

t.me/OCEANAISIGNALS
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