RUT remaining bearish against this resistance level
RUT us forming an extended wave v that points the wave (v) upside target of 161.8% retracement at 1430 level. Wave v must hold at 1542 to the the Corrective Flat Pattern valid. Expect this terminal rally into our final resistance zone before the decline starts.
Notice that the RUT is weaker than the S&P. Will the coming pullback continue this trend and see bear markets in both as US debt is shunned by global investors as a store of value?