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Russell 2000 Index at key resistance, expecting a correction

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russell2000 Indices Equity smallcaps Elliott Wave fibonnaci
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russell2000 indices equity smallcaps elliottwaves fibonnaci
The Russell 2000 Index has reached important Fibonacci projection levels. We are expectiong a down wave (4) towards the 1060 area. Only a new weekly close above 1268 would invalidate this bearish scenario.
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