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RTY keeps grinding higher towards the red box
As expected, RTY found support in the green target box and then rallied to retest the previous top made my preceding rally in wave iii up.That was a classic wave a of v targeting the previous top. Then we got a shallow correction in wave b down and started the final rally in wave c up. There are four common target levels for wave c as extension of wave of a of v: 76.4% (weak one), 123.6% (normal case), 176.4% (bullish case), 223.6% (extreme blow off top case).