Gotmar

Gotmar Updated 

Russell looks like reversing - many signs that 2174 could be a TOP in place - see my previous idea BUT the reverse has been very SLOW so far it looks like a massive top reversal curve or CUP & HANDLE pattern it could be turning in a massive channel till Friday next week (options expiry) or beginning of FEB

Gotmar

divergences on main 1W 1M time frames Wolfe wave on 12H time frame many divergences on 12H timeframe spike in sell volume on 1H crossing 55WMA

Gotmar Updated 

bear butterfly harmonic in play increased volatility in this levels recent major pull back

Gotmar

Russell ATH 1988 day 1m chart exact HARMONIC BUTTERFLY 0.886 & 1.27! long waited reversal day?

Gotmar

Russell a second major UP trend leg almost done reaching top of a major channel - possible resistance point

Gotmar

reaching 1885 ATH today after weeks bulls rally 85+% of Russell stock above 200MA - also ATH possible butterfly pattern drop back to 1820 levels over next few days is in play

Gotmar

top levels defense with some major sell offs just before a market close and afterhours possible H&S overnight with a SELL OFF during day more red days are most likely coming soon - more in an attached analysis

Gotmar Updated 

once we break 200MA from ATH levels nasty drop could be super QUICK

Gotmar

possible major sharp SHORT within next few days towards 3230 after reaching probable head of major H&S pattern and ATH 3674.8 we should be moving ZIG-ZAG within 3230 and 3580 range next weeks (if H&S pattern is developing) till mid February dates and values are corresponding to my main analysis for Russell index (a link below) however continuation of a...

Gotmar

so far ATH head is 1817 and major H&S still in play double top 1817 and 1809 is finished and reversal trend should be here, another smaller H&S could be forming with the 1809 head we could have a sharp and quick DROP to 1540 levels next days (unless major steep UP trend continues following days!) update of main dates for DROPS in January/April in the chart

Gotmar

Russell (RUT, IWM) index could be just finishing end of a HEAD of a major H&S pattern major trend should be turning DOWN from now - SHORTS from now for few next days but still keeping on high levels with many ZIG/ZAG patterns moving towards main low levels likely at around February 9th

Gotmar

tomorrow 11am - Veterans Day and TWO MINUTES OF SILENCE is it meaning ATH (1818) on Russel another 7% spike? making double top and slide DOWN???

Gotmar

middle of H&S today! SHORT from here for few days ZIGZAG and UP to create a second shoulder before January DROP

Gotmar

today massive spike +7% to 1817.703 ATH on Russell - the middle of big H&S structure and major trend reversal towards the BIG DROP! 1817 beginnings of FED - the Second Bank of the United States founded important days for H&S pattern in the chart

Gotmar

DOWN trend expected for few next days finishing major H&S

Gotmar

double top is forming overnight drops on Monday and Tuesday part of ZIG ZAG till final BIG DROP in mid Jan 2021

Gotmar

today is the double top pattern (comes from my Russell calculations) DOWN and UP till Jan, 10% ZIG ZAG patterns the BIG DROP could be starting around from the double top symmetry 13th Jan 2021

Gotmar

H&S forming overnight Monday could open on 1620 on Monday further decline to 1600 and lows this is not a final BIG DROP yet!