US2000USD: RUSSELL 2000 correction COMMINGUPDATED COUNT looks primed for CORRECTION
HOW upcoming STIMULAS DEAL will affect COUNT ?
Russell
IWM, Russell 2000 retracement?The Measured move of this triangle has been reached. I had a good strangle trade on IWM with calls/puts purchased before election. Strangles are terrific strategies when you know a big move is coming and the leverage of options can 5-10x or more in these type of moves. I'm now hoping for a pivot down in the market.. it could be mild- I don't know. We could melt up until end of 2022 but I'll be patient for retracements.
Russell RUT - BUTTERFLY harmonic pattern - 1988ATH TOP reversal?
Russell ATH 1988 day
1m chart exact HARMONIC BUTTERFLY 0.886 & 1.27!
long waited reversal day?
Russell RUT - major trend reversal area 1980 -2130?
Russell a second major UP trend leg almost done
reaching top of a major channel - possible resistance point
RUT Russell - bearish butterfly from 1885 ATH?
reaching 1885 ATH today after weeks bulls rally
85+% of Russell stock above 200MA - also ATH
possible butterfly pattern
drop back to 1820 levels over next few days is in play
Russell 2000 - Rising Wedge HeadfakeOnce the price re-enters the wedge, the head fake will be complete. Target for breakout is the bottom of the wedge.
Disclaimer: This is my personal opinion. This is not advice. Trading involves risk.
RUT Russell 2000 - H&S 3tops coming - UP before DOWN?
top levels defense with some major sell offs just before a market close and afterhours
possible H&S overnight with a SELL OFF during day
more red days are most likely coming soon - more in an attached analysis
RUT Russell possible overnight big DROP 6%!
once we break 200MA from ATH levels nasty drop could be super QUICK
SPX - major SHORT opportunity & TheBigDrop dates update
possible major sharp SHORT within next few days towards 3230
after reaching probable head of major H&S pattern and ATH 3674.8
we should be moving ZIG-ZAG within 3230 and 3580 range next weeks (if H&S pattern is developing) till mid February
dates and values are corresponding to my main analysis for Russell index (a link below)
however continuation of a sharp UP trend still possible from this point
RUT Russell - possible big short next days & long term vision
so far ATH head is 1817 and major H&S still in play
double top 1817 and 1809 is finished and reversal trend should be here, another smaller H&S could be forming with the 1809 head
we could have a sharp and quick DROP to 1540 levels next days (unless major steep UP trend continues following days!)
update of main dates for DROPS in January/April in the chart
SPX - the BIG DROP starting 13th January 2021 - ATH & update
middle of H&S today!
SHORT from here for few days
ZIGZAG and UP to create a second shoulder before January DROP
RUT Russell ATH 1817 - a FINAL top of massive H&S - SHORT time!
today massive spike +7% to 1817.703 ATH on Russell - the middle of big H&S structure and major trend reversal towards the BIG DROP!
1817 beginnings of FED - the Second Bank of the United States founded
important days for H&S pattern in the chart
SPX - the BIG DROP starting 13th January 2021
today is the double top pattern (comes from my Russell calculations)
DOWN and UP till Jan, 10% ZIG ZAG patterns
the BIG DROP could be starting around from the double top symmetry 13th Jan 2021
RUT Russell - a main "TRIPLE CROWN" pattern could be evolving!
we could be heading to a second part of the main "triple crown" pattern
a final DROP should be postponed to mid Jan
RUT Russell 2000 - H&S 3tops - DOWN before UP?
reached 1574 level - matching levels for a left shoulder
expecting down moves before another UP and final ZIG-ZAG to 1610
RUT triple top - 22 December drop version
pattern is developing - update of the plan
decline starts around 22nd December
SPX - long for tomorrow - 3470?
LONG for tomorrow
high volatility and ZIG ZAG patterns for pre-election
DROP to low with recovery till early next year
THE BIG DROP in March 2021 (as in Russell related links)
RUT Russell 2000 - two next days?
H&S to build up a reversal trend tomorrow
reaching top levels day after (to finish a new channel resistance)
Friday reversal to DOWN trend
RUT Russell 2000 - short term LONG - Son & Father in H&S
UP tomorrow?
ZIG ZAG till US election
Finish of Head and move DOWN
part of a massive H&S - more in a related link
RUT Russell 2000 - The Big CRASH scenario? Jan/March 2021
Forecast with a long range so accuracy is less limited
Massive H&S?
Fibonacci spiral projection in confirmation
Long term SHORT, periods of LONG
Elliott Wave View: Near Term Support for Russell 2000 Futures (RElliott Wave view in Russell (RTY) suggests the rally from September 24 low unfolded as an impulsive Elliott Wave structure. Up from September 24 low (1426.20), wave 1 ended at 1530.80 and wave 2 pullback ended at 1490.70. From there, Index rallied and ended wave 3 at 1617.70 and wave 4 ended at 1563.10. Last leg higher in wave 5 ended at 1651.70. The 5 waves rally ended wave (1) in higher degree.
Index is now in wave (2) pullback to correct cycle from September 24 low as a zigzag before the rally resumes. Down from wave (1) high at 1651.70, wave ((i)) ended at 1622.6 and wave ((ii)) bounce ended at 1647.1. Wave ((iii)) ended at 1597.30, wave ((iv)) ended at 1607 and wave ((v)) of A ended at 1595.50. Bounce in wave B has ended at 1648.40.
Index is now in wave C lower which subdivides as another 5 waves. Down from wave B at 1648.40, wave ((i)) ended at 1626.80, wave ((ii)) ended at 1648.40, wave ((iii)) ended at 1607.6 and wave ((iv)) ended at 1623.90. Expect another leg lower to end wave ((v)) of C of (2) towards 1557.5 – 1592.14 before Index resumes the rally higher or bounce in 3 waves at least.
