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RTY - this drop is stronger than I expected
Overnight RTY dropped into the Green Target box.
It would have been good news if the the last segment of that drop was not that strong.
If you are long I would set a stop at 1,516.70. If you are not long I would not be in a hurry to buy here. The reason is the structure of the drop. With the strong drop overnight it does not look complete at this point.
RTY - 45 min chart updated at 8:58 AM on 5/20/2019
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