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Russell 2000 Looks Almost Ready For a Change In Trend

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CME_MINI_DL:RTY1!   E-Mini Russell 2000 Indexterminer
Russell 2000 Looks Almost Ready For a Change In Trend

Price looks ready to complete the Head & Shoulders pattern.

We have to be careful as it is not a complete pattern but it shows the possibility that the price may complete the right shoulder near 1925 over the next few days.

If the price manages to break out of the neckline of the model, then we should look at Russel 2000 moving down near to 1780 and 1700.

You may find more details in the chart!
Thank you and Good Luck!

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