RUSSELL topped on a 19-year Cycle pattern. 2420 correction next?US Small Cap 2000 IndexTVC:RUTTradingShotRussell 2000 (RUT) has been trading within a Channel Up since the March 2009 bottom of the Housing Crisis. On that Bear Cycle's Top (July 2007), a very distinct pattern started, which can be measured by the Time Cycles tool and shows (roughly) that every 3.5 - 4 years the Cycle tops and the index corrects on a Bear Cycle. This is the first time that 4.5 years have passed (since the November 2021 Cycle Top) that we didn't have another Bear Cycle (early 2025 was a Bull Cycle correction). All five Bear Cycles since the July 2007 Top, pulled back to at least the 1M MA50 (blue trend-line), hitting their respective 0.382 Fibonacci retracement levels in the process. Also, they all topped on Inner Higher Highs trend-lines as RUT did in June and now July. In addition, the 1M RSI has hit its Lower Highs trend-line and is reversing downwards. As a result, there is a huge cluster of Resistances now and if Russell gets rejected (fails to close a 1M candle above), we expect a new medium-term Bearish Leg correction to start, targeting the 1M MA50 on the 0.382 Fib around 2420. That would also enter the 0.382 - 0.236 Channel Fib Zone, which is where the last two major market bottoms took place. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇