RUT candles support a move lower for the next or more weeks.
The #Russell2000 chart below was shared in November 2021. The index now is at an inflection area and is likely to resolve downwards. The possible short and longer term targets and other aspects are discussed in today’s analysis.
Quarterly Analysis and Long Term Forecast:
Study on November 27, 2021.
This weekly overview contains:
– analysis of technical indicators and candles on various time frames;
– long and mid term forecasts with Elliott Waves.
This post is part of the Weekly Analyses series that @InvestingAngles offers to followers and subscribers. The series covers the US and global major indices; VIX, DXY, commodities and miners, crypto, and some large cap stocks.
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