markrivest

Update Long Term RUT Chart

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TVC:RUT   US Small Cap 2000 Index
In my June 21st post it appeared that the RUT could have made a significant top.
Since then RUT has been basing and looks like it may have completed anonther Elliott wave Horizontal Triangle.
If so RUT could make a new all-time high in just a few days perhaps even on 7/27/18.
I still believe RUT will make a significant top prior to the SPX.
My long term SPX target remains 3050.
Time projection for a SPX top is mid August 2018.
I will have updates on both RUT and SPX when necessary.

Mark

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