Russell 2000: MEGA WEDGE BREAKOUT or FAKEOUT? + Nasdaq Prepares for EPIC PULLBACK!

Russell 2000: MEGA WEDGE BREAKOUT or FAKEOUT? + Nasdaq Prepares for EPIC PULLBACK!
Gareth compares the large wedge pattern on the Russell 2000 with ascending and descending triangles and the probabilities of the next move
The Nasdaq are at resistance and is likely to pullback into a variety of support areas such as gap fills and trendlines
Did you see this coming? Let me know in the comments!
#stocks #stockmarket #nasdaq100 #trader #investor #trading #profits
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[@VeganTrove]

Thanks Gareth 🥰

[@ekirakosyan]

When it comes to swing trading you are amazing Gareth. But your macro predictions have been so off…. You’ve been claiming there’s a recession and crash coming since last year when we’ve clearly been in a bull market (especially since the Fall….

[@dad242]

Lag

[@thierry-le-frippon]

For macro no one can guess.

[@menamgamg]

I have a hard time finding anyone who doesn't believe there will be a crash. Timing is impossible to predict though. But things seem to just look progressively worse and worse.

[@robertfiorillo3227]

Back in May the IWM/Russell on the chart looks same as I see now. If that comes true, then the IWM will have a 3 to 5% pull back and then rebound and go higher. Next week will tell me if history repeats itself. Alot retail trading exercise the same human behaviors which I'm betting on. Looking for a pullback to buy into.

[@ernhar]

Gareth, I'm a Verified Investing Crypto subscriber and I cannot find any liquidity on Coinbase to short along any of your open positions. Please help!!

[@GarethSolowayProTrader]

You cant short on coinbase. Try a diff exchange. Plenty of them out there.

[@Kody-xy3jj]

Prediction on QQQ did not age well. Epic pullback announced at 380. 2/11/2024 : QQQ at 437.

[@GarethSolowayProTrader]

Plenty of my calls dont. But its all about winning 70-80%...and making millions.

[@stablegenious]

again…recession is deflationary, so if we are in recession, the inflation would be the least problem for the fed

[@redpill-finance]

Stagflation. Sticky inflation with slowing growth

[@menamgamg]

And then they start the printing press again and off we go!