Russell 2000 used to be an advanced Index of US Stocks. Its IH&S target: 739.62 + 474.02=1213.64 had already met at 1213.55 ( only 0.09 shortage though). Therefore major-ABC wave was terminated with Green Circle Quartet Top which is a Fractal Quartet Top Formation as Yellow Circle one (top of wave A).
Right now it looks like being supported at the Pink Line, however it will penetrate down to Fib. 38.2% retracement level ( 881.02 ).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.