RTY1!
similar to ES and NQ, in 50-62% fib box from most recent upmove and testing 38% fib from major downmove.
Oversold and at bottom of risk range, so could see bounce to midline of channel or test of 50% fib from major downmove
Break down from 38% fib could see retest of channel bottom.
Oversold and at bottom of risk range, so could see bounce to midline of channel or test of 50% fib from major downmove
Break down from 38% fib could see retest of channel bottom.
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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.