For RTY futures that Demand Zone is located in between 33.3% and 41.4% retracement ( 2,110 and 2,024).
The Daily count in RUT (cash index) considers that move down as a minor corrective wave -4- down.
That decline should be followed by another strong rally in wave -5- of ( C) of ( 3 ) up targeting 2,680.
Normally wave -4- down of (C) of ( 3 ) up retraces 33.3% or 41.4% of the preceding rally in wave -3- up.
In this case 33.3% retracement = 2,115 and 41.4% retracement = 2,030.
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