Russell 2000 B Wave Flat Correction Near Complete.

I was forced to relabel my interpretation of the Russell 2000 after the July 2023 high was broken. The structure is now labeled as a regular flat primary B wave correction that is either complete, or nearly complete. The next wave down should be rather fierce, as C waves tend to be. Wave C will decline in 5 waves to meet the depth guideline near the terminus of the previous 4th wave of lessor degree. Somewhere near $971.
Elliott WaveWave Analysis

Want to learn to count like me? Visit wavecounts.com for loads of content and a free trial.
Also on:

Disclaimer