RUT Index History

When will the fall stop? On the attached picture you see two blue boxes, one on the left is a crash in 2008 and one on the right is the drop in October. Previous correction happened in 2015/2016 and bottomed at 1400. Previous crash bottom is at 1324. If there is a crash it will go down to at least this level. I am looking at a 20 year, weekly chart.

RUT prev trendd

RUT is resting at 1470, my prediction is it will go back up by January and then go down again to that 1470 level. The five day trend shows the RUT is on an uptrend, although it can change after a news r economic event.

The good news is that you can see how it started to gain after the market crash and how much it grew since then.

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