RTY 0.382 fib pullback
Updated
RTY is now approaching the 0.382 fib level corrective wave from the 3rd December to 27th December impulse wave. Will be watching the price action at this level to the 0.50 level to see if a long trade can be executed here.
Note
Ok - with the turmoil in the Middle East, the Russell emini has passed beyond the 0.382 level. I will now be watching for a long entry on the 4 hourly chart when the EMA's and MACD turn bullish
Disclaimer
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.