RTY-mini futures stretched higher overnight and tagged the upper edge of the ascending bearish looking wedge:
RTY has made enough waves to complete a corrective (w)-(x)-(y) up structure. It hit the upper edge of the Red Target box pre-market.
Bears need to break under the lower blue trend line to give traders the first warning of a bearish reversal.
To confirm a bearish reversal bears nee to push RTY back under 1,794.80.
The target for the next down would be the recent low made around 1,650.
$NQ #NQ #trading setup #Elliott Wave #a-b-c bounce Two paths I will be watching for a corrective a-b-c- up bounce
$ES #ES-mini Yesterday Es dropped as expected but did not hit the target 2 = 5,973.50. Then we got a
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