Russell 2000 Bear Trend

Aktualisiert

Well.

1) Macro bullish symmetrical triangle fakeout leading to top signal.

2) Low volume on bullish break, High volume on reversal confirming fakeout.

3) Omicron Variant market reaction =~= Covid-19 market reaction

See SPY fakeout before March 2020 Covid-19 crash. (right)

Lastly, see bearish divergence between index and % of stocks above 200 ma (orange).
Anmerkung
Target hit.
Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsIWMRTY1!russell2000S&P 500 (SPX500)Trend Analysis

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