Elliott Wave View: Russell Impulsive Rally In Progress

by elliottwave-forecast.com | January 17, 2020 4:12 pm
Russell 2000 (RTY_F) shows a 5 waves impulse Elliott Wave structure from August 26, 2019 low. In the 45 minutes chart below, we can see wave (4) of the impulse structure ended at 1627.3. The Index has resumed...

RTY_F (Russell Futures) Buying dips in Blue Boxes

by elliottwave-forecast.com | January 7, 2020 4:28 pm
Russell Futures (RTY_F) decline ended cycle from 12/3 and started pulling back. It dropped in 3 waves to 1659.40 and bounced. The bounced appeared corrective so we called for a double three Elliott wave correction lower which...

Elliott Wave View: Russell (RTY_F) Ending Wave 5

by elliottwave-forecast.com | November 28, 2019 10:21 pm
Rally in in Russell 2000 (RTY_F) from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. The chart below shows wave ((iv)) of the impulse ended at 1579.28. Index is currently within wave ((v)) before ending...

Elliott Wave View: Correction in Russell Should Find Buyers

by elliottwave-forecast.com | November 25, 2019 9:13 pm
Short Term Elliott Wave view on Russell (RTY_F) suggests that the Index ended wave 2 at 1463.14. The Index then resumes higher and ended wave 3 at 1613.60. The internal subdivision of wave 3 is unfolding as a...

US Indices made New All Time Highs. Will Russell Follow?

by elliottwave-forecast.com | November 14, 2019 9:26 pm
In the recent months, we have seen US Indices like $SPX $NQ_F $YM_F and $ES_F making new all time highs but Russell is the one which has been lagging and has not yet made a new high....

Russell Elliott Wave View: Impulse Rally Calling More Upside

by elliottwave-forecast.com | November 14, 2019 9:25 pm
Elliott Wave View on Russell index suggests that the rally from 10/03/2019 low is unfolding as a 5 waves impulse structure favoring more upside to take place. While above 10/03/2019 low, wave 1 ended at $1510.7 high...

Elliott Wave View: Bullish Outlook in Russell

by elliottwave-forecast.com | November 6, 2019 10:32 pm
Elliott Wave View on Russell (RTY_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from Oct 3 low, wave ((i)) ended at 1510.7 and pullback in...

RUSSELL Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | December 20, 2018 5:34 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of RUSSELL published in members area of the website. As our members know, RUSSELL has incomplete sequences in the cycle...

Elliott Wave View: Russell (TF_F) Pullback Around The Corner?

by elliottwave-forecast.com | May 31, 2018 2:19 pm
Russell (TF_F) index short-term Elliott Wave view suggests that the rally from April 02.2018 low (1482.6) is taking a form of an Elliott wave leading diagonal structure within Intermediate wave (1) higher. Leading diagonal structure usually appears as the sub-division of...

Trump tax cut can create the last rally since 2016

by elliottwave-forecast.com | May 1, 2017 12:35 pm
As part of President’s Trump campaign pledge, he wants to sharply reduce the tax rate for all businesses from multinational corporations to mom-and-pop shops to 15%. Treasury Secretary Steven T. Mnuchin said this is the biggest tax...