CastAwayTrader

RUT moves down as expected and is not ready for bottoming yet

TVC:RUT   US Small Cap 2000 Index
On a micro level Russell needs five waves down off the top made at 3 PM last Friday. So far it reached the bottoming area for the micro wave ( iii ) down.
That means that after corrective a-b-c shaped move up it will continue moving down in direction of the green target box

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