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February 5th, 2016: RUT Wave Count Update

Posted by pugsma on February 5, 2016

12:15 pm EST:   Here is a quick update on the Russell-2000 (RUT) wave count.  It looks pretty far advanced within the PC-C2 wave.  The Head and Shoulders topping pattern and 50% Fib Retrace for Cycle 2 (C2) come in around the 856 pivot.

RUT Daily Chart:

PUG RUT Daily 2-5-16

RUT Weekly Chart:

PUG RUT Weekly 2-5-16

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