US RUSS 2000
RUT US2000USD - Mt Everest top 1647!
Mt Everest reached! Officially 1647
This should be a TOP of a massive H&S 1608 - 1647 - 1608 pattern
Short to 1550/1520/1490/1430 levels UP and ZIG ZAG from there to 1608+
Nov 6th - the presidential election - should reach the second shoulder levels
the BIG DROP should be around 8th/9th December in this scenario
RUT calling bottom! Tomorrow GAP UP to 1500 and sideways to 1600
Today is a bottom on RUT/US2000USD on 1450.
We can see H&S reversal. LONG/SIDEWAYS till an election day November 6th.
It is going GAP UP to 1500 tomorrow overnight.
Than sideways up to 1600 level on the election day. Falling to lower levels afterwards.
Today is starting a second FED EAGLE wing. A very unique pattern! :)
ridethepig | Small Caps Breaking DownA timely update to the Russell 2000 after running into sellers at the 1600 resistance which was previously support. Small caps have seen a huge uptick in selling interest and momentum is starting to kick in.
Buyers giving up the diagonal support is opening up a world of trouble and asking for sellers to apply more pressure. The V shapers and naysayers that its not different this time will continue with the necessary text, the question is whether real money decides to step in and stop the bleeding. After losing support the next key level in play is 1350, and a deeper extension towards 1,175.
Thanks as usual for keeping the feedback coming 👍or 👎
Expecting a Bearish Impulse (STA)All these predictions are made by Quantitative Analysis Algorithms following short term trends. These Quantitative Analysis Algorithms will calculate maximum correction relative to previous impulses.
Relative to previous bearish impulse we are now in a bullish correction. So algorithm expecting a short term bearish impulse.
Join Our Telegram Channel :-
t.me
Youtube :-
www.youtube.com
Instagram :-
www.instagram.com
Twitter :-
twitter.com