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RTY - dropped out of the Red Target Box as expected
In my previous update I wrote:
“RTY has followed the predicted path and arrived into the Red Target Box in a very completed micro structure. From here I expect a pullback down in wave ( b ) down.”
Well, as expected, the pullback down has started. Any substantial pullback up retracing 61.8% and more of that morning drop will be an opportunity to short.
RTY - 45 min chart updated at 12:50 PM on 4/30/2019
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