Russell2000 - Trouble ahead ! Shorts recommended
Looking at the other indexes, I have to favor the Flat count on this one.
I don't believe to be in a 1,2 / i,ii situation but it's still a valid option just as a potential Diagonal count !
But in both cases price needs to remain above invalidation level !
Shorting is the best option for now.
For non-elliottitians:
Idealized chart :
Other indexes are at similiar position.
I don't believe to be in a 1,2 / i,ii situation but it's still a valid option just as a potential Diagonal count !
But in both cases price needs to remain above invalidation level !
Shorting is the best option for now.
For non-elliottitians:
Idealized chart :
Other indexes are at similiar position.
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Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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