$RUT = Weekly Update = 19.02.2022 #RTY_F $IWM #Smallcap #Investing

On November 27 we forecasted that “$RUT could possibly lose 20-33% of its cap in the next few months”. So far, #RUT is down 22.5% off the top and is officially in a bear market.

A canary in a coal mine perhaps? Still skeptical about Japanese Candlesticks?

The projection was publicly shared in this Study on November 27, 2021 and we still maintain the minus 33% target, though, after a few recent events I tend to think about possible deeper losses.

If you followed the recent alerts on RUT, you would know what is happening on the micro level. This updated chart below projects a possible (and highly probable) path for $RUT for the next 2-6 weeks.

Premium Content

Read more of this content when you subscribe today.


This post is part of the Weekly Analyses series that InvestingAngles offers to followers and subscribers. The series covers US major indices – SP500, Dow Jones, Nasdaq, Russell 2000; VIX, DXY, gold & silver, GDX, natural gas, oil, Bitcoin and Ethereum, and some large cap stocks.

Follow the blog on Twitter @InvestingAngles or by email subscription.
https://investingangles.com/subscription/

%d bloggers like this: