Wednesday, May 25, 2011

Russell 2000 - May 25, 2011

The Russell 2000 has had a very different count from the other major indices. 
So not to be surprised, it may have topped, with an ending diagonal.

Elliott calls it, a diagonal triangle.

Wave 2 up could accompany the expected wave 5 up on the other indices.

If we get a confirmation of this count in the coming days, then other indices could also be topping shortly.


No comments:

Post a Comment