Russell 2000 fractal points to 40-60% drop
Russell 2000 currently creating fractal.
Points to possible 40-60% downside.
This fractal creates:
- A top
- A bear flag
- A failed break to the upside
- A large break down after the failed break up
This fractal occurred in 2008 and 2020.
Both instances of recessionary bear markets.
This could play out similarly if we get a recession.
Price target is around 95 -100.
Points to possible 40-60% downside.
This fractal creates:
- A top
- A bear flag
- A failed break to the upside
- A large break down after the failed break up
This fractal occurred in 2008 and 2020.
Both instances of recessionary bear markets.
This could play out similarly if we get a recession.
Price target is around 95 -100.
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