Can you believe this chart was made in November 2021? Do you know anyone else who forecasted a 30% drop for Russell 6 months ago?
The chart is actually 2.5 years old and the whole history can be viewed here:
Today Russell registered an event that can help us to forecast the index moves for the next 3-4 weeks. Let’s listen to candles and indicators.
This monthly overview contains:
– analysis of technical indicators and candles on various time frames;
– a trading map for Russell for June;
– long and mid term forecasts and projected targets.
Quarterly Analysis and Long Term Forecast:
Study on November 27, 2021.
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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