#Russell2000 = Yearly Analysis = 08.01.2023 #RTY_F $IWM #Smallcap #IWM #RUT #SP500 #SPX $SPY

It’s been over a month since the call on RUT and SP500. While I don’t anticipate a change in target, the short term path could change and this will be the main focus of today’s analysis.

In this yearly analysis, I will evaluate the candles that Russell2000 formed on multiple frames in December. We will discuss technical events on different frames, classical patterns, and analyze the long- and short-term perspectives 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.

Previous RUT Analysis:
https://investingangles.com/2022/12/18/russell2000-weekly-analysis-flagging-18-12-2022-rty_f-iwm-smallcap-iwm-rut-sp500-spx-spy/

Monthly/Weekly Analyses:
https://investingangles.com/weekly-analyses/

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