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.

  • Meta

  • Follow Blog via Email

    Enter your email address to follow this blog and receive notifications of new posts by email.

    Join 2,502 other subscribers
  • PUG Wave Labeling

    SCI-SCV, SCA-SCC: Super Cycle
    C1-C5, CA-CC :Cycle
    P1-P5, PA-PC : Primary
    [1]-[5], [A]-[C] : Major
    1-5, A-C : Minor
    (1)-(5), (a)-(c) : Minute
    i-v, a-b : Minuette
    Primary Count:
    White/Green (Bull Market)
    White/Red (Bear Market)
    Alternate Count: Blue

  • Categories

  • Archives

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.