RUT big picture wave count

Last updated May 13 2018

Switching to one preferred count: Wave-c of A is underway. And yes the Bull off the March 2009 low has ended. After a 10 year run that is certainly not uncommon and strange. Target zone for wave-A is shown, with a preferred end of the range at the lower end (around the 2016 lows).  Note that this may be different from other indices’ bigger picture count, but that is because no index is in the exact same count. What’s the point if they were… Each index tracks different things (within the US/Global economy) so each is thus in their own world.