Russel Update 24 May


The Russel is still trading within it’s 4H trend channel posted on the 30 April.

RUT shows a possible 4H-3, however TF shows this most likely is only H-3, so I am expecting H-4 over the next few day followed by a drop to put in 4H-3 as shown.

It is possible H-4 is in on hourly chart, but show most likely scenarios below of ideal wave target, with MAP wave count break values.

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