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RUT Major 3


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#1 jmicou

jmicou

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Posted 06 March 2015 - 01:22 PM

Just watched CNBC. Some commentators indicated that there's nothing to worry about with this sell off. They could be right. However, off of the 2009 lows, the Major 1.618 pivot for RUT is 1241.22; the recent high was 1243.33. If this iis the beginning of 4 down, a .618 retracement could take it to 997. Obviously it could be pointed out that the trend is still up. Anyway, just putting it out there.