Movement trends We will soon begin digging))))
Now we can see a major retracement impulse and must wait minor wave stucture to correct current.
If RTS breaks the wedge(blue), it is likely to continue downwards. Stop loss is above the wedge's upper line. Pattern is invalidated if it climbs higher without breaking the wedge on the downside.
See annotations on the chart.
When i make my living in chemistry laboratory, one day i will die in the lab Sound logical :-)
Is the 1220 level going to be strong resistance for the Index?
RTS index can take 900 point next 3-5 months, if can't take 1540-1550 points. It's only my idea. Markets are unpredictable, anything is possible. It is necessary to control the risks.