Russell 2000 Roadmap October 2024

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The Trump trade is getting imposed across asset markets into the election and one can see the low probability/high impact ending expanding diagonal pattern (blow off). Normal for commodities and inflationary regimes
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Trumpian breakout
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Objective reached interestingly in Nov just like in Nov 2021
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Quite a rejection off that level
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Surgical reversal
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Initial 5w down off the high. Significant
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That 2446 is significant
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The kiss of death from that level
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Russell as expected highly pathetic from the key level
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Small caps imploding as expected
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Beautiful collapse

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