Russell | Pullback Into Demand Within Higher Timeframe Uptrend
Russell has pulled back into a key demand area following a strong impulsive advance. The broader trend remains constructive while price holds above the 2860 failure level.
Key Levels:
• Major Demand: 2890-2900
• Failure Level: 2860
• Reclaim Zone: 2925-2945
• Upside Objective: 3000
As long as demand holds, the focus remains on a potential move back into the reclaim zone and a retest of recent highs. A loss of 2860 would invalidate the immediate bullish thesis and shift attention toward lower value near 2830.
Key Levels:
• Major Demand: 2890-2900
• Failure Level: 2860
• Reclaim Zone: 2925-2945
• Upside Objective: 3000
As long as demand holds, the focus remains on a potential move back into the reclaim zone and a retest of recent highs. A loss of 2860 would invalidate the immediate bullish thesis and shift attention toward lower value near 2830.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.