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RTY - working on a corrective W-X-Y structure
RTY has a similar count to ES. It is clear that it is in a corrective wave ( b ) of ( v ) of ( A ). It does not look having completed the rally off Dec 2018 lows. It still needs to make OMH in wave ( c ) of ( v ) of ( A ) of ( 5 ). But first it should complete that pullback in wave ( b ) down.Similarly to ES, it can get a micro wave c up of – x – up before another leg of decline inside that corrective wave ( b ) down.
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