Russell futures (RTY_F) fell from a 3,068 peak in a three-wave sequence and reached an Equal Legs area, with the analysis focusing on an extreme zone between 2,901.69 and 2,822.28. The charts describe this area as a \u201cBlue Box\u201d where buying interest emerged, and they reference a correction that may represent only the first leg of a wider pullback.<\/p>\n\n
Price reacted from the Blue Box and found buyers at 2,901.69, producing a rebound. The framework sets out two potential paths: a push towards new highs or a three-wave bounce, with trade management tied to a 50% Fibonacci retracement versus the ((x)) black high, at which point stop-loss levels would be moved to breakeven and partial profits taken. A move above 3,068 is cited as the level needed to confirm the next leg higher.<\/p>\n\n\n\n