[9:47 PM Update] - Is it possible the RUT has completed five wave move and ending diagonal?
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| RUT |
[EOD Update] - Yesterday I
tweeted the following:
So far so good. Now was today's move the beginning of a sell in May event or just a fake-out?
The market found support at the lower TL so TBD.
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| 60 Min |
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| Daily |
Bollinger bands starting to compress and a triple -ve divergence. Possible double top? Hmm..
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| Daily |
The daily chart shows how the 60 min triangle fits in to the bigger picture. It would conclude a wave C triangle in what would be a combo corrective (Green A-B-C).
