Russell's Rising Wedge: A Trap for Bulls Setting Up a FallUS Russel 2000CAPITALCOM:RTYSEYED98To forecast the overall trajectory of the Russell Index in the new year, we analyze the prevailing technical structure. The daily chart displays a textbook **Rising Wedge** pattern, a bearish continuation structure that has compressed price action into a converging range following a prior decline. The pattern is now approaching its critical lower trendline support as it nears the apex, significantly increasing the probability of a decisive breakdown in the new trading year. A confirmed daily close below this support level, especially on elevated volume, would activate the pattern's measured move projection and signal a resumption of the prior downtrend. The initial decline would target TP1, calculated by projecting the wedge's maximum height downward from the point of breakdown.A sustained bearish impulse could then extend the move toward TP2. Therefore, the technical setup presently favors a bearish resolution for the Russell Index, contingent upon a confirmed wedge breakdown.