PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

November 19th, 2015: Russell-2000 Wave Count Update

Posted by pugsma on November 19, 2015

12:30 pm EST:   The Russell-2000 price ended at the 50% Fibonacci retrace of 1199.29 for the Primary B (PB) of Cycle 2 (C2) wave and has formed a large Head and Shoulders top pattern with a target of 909.19, which agrees with the 50% Fibonacci retrace for the completion of the C2 wave at the 856 pivot support.

RUT-2000 weekly chart:

PUG RUT-2000 weekly 11-19-15

Sorry, the comment form is closed at this time.

%d bloggers like this: