US Russ 2000
Short
Updated

RUT - reversing in a massive CUP & HANDLE pattern?

299
  • Russell looks like reversing - many signs that 2174 could be a TOP in place - see my previous idea
  • BUT the reverse has been very SLOW so far
  • it looks like a massive top reversal curve or CUP & HANDLE pattern
  • it could be turning in a massive channel till Friday next week (options expiry) or beginning of FEB
Note
likely scenario for DOOUBLE TOP channel

snapshot
Note
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.