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RUSSELL 2000 SHORT

RUSSELL 2000 SHORT

As we could see, the Russel was going sideways many months. Now we break out of the $2107 support this week. And that is very bearish . If the price will further go down and can not come back to its support level , we could have a much bigger correction (15%). This theory is pretty simple to thought, there is no important support line than $1706 because in this price range was mainly a bull run.

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