In September I suggested that Russell could repeat its year 2008 path. Let’s explore the probabilities now.
This chart below was first shared over a year ago and has not changed since. Aren’t Elliott Waves a piece of art if used together with the candles?
In this monthly analysis, I will evaluate the candles that Russell2000 formed on multiple frames. We will discuss technical events on different frames and analyze the long- and short-term perspectives for RUT using Elliott Waves. In addition, I will compare the Russell’s technical events with the ones in SP500, Nasdaq and DJIA.
This post is part of the @InvestingAngles Series that covers the US and global major indices; volatility and bonds, commodities and miners, crypto and currencies, and some large cap stocks.
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