Russell Index (TF) – Part 1

Hi Everybody,

As there was quite a lot of activity yesterday, I only have time to look at one trade from yesterday on the e-minis, so let’s look at the Russell Index, starting with the larger degree trend.

As you can see, the 15min TF was making a Wave 2orB low, using the Elliott Wave module. This set the larger degree trend to be up, “ideally” into the higher DP target”.

So now let’s move down to the 3min chart to see if there were any long trades after this 15min Wave 2orB low.

Thanks, Steve