Russell 2000 (RUT) is an index of 2000 stocks. It can be seen as a barometer on the health of the US economy as mid-size and smaller companies are included in the index.
RUT has been declining in an impulse wave. The decline was not deep enough to count a completed wave from the all-time high.
Today, the price is rejecting the underside of the trend line that extends back 1 year ago to October 2022.
If any further rally is required, it is viewed as a corrective bounce that might reach $1776 or the 61.8% Fibonacci retracement.
RUT has been declining in an impulse wave. The decline was not deep enough to count a completed wave from the all-time high.
Today, the price is rejecting the underside of the trend line that extends back 1 year ago to October 2022.
If any further rally is required, it is viewed as a corrective bounce that might reach $1776 or the 61.8% Fibonacci retracement.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
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Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.