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stocksAug 6, 2026, 1:58 PM

Russell Futures Bounce from Blue Box as Correction Ends

Russell futures completed a three-wave corrective decline from the 3068 peak and found support at the Equal Legs zone, triggering a buyer reaction from the blue box area.

RTY_F

Russell futures ($RTY_F) traced a clear three-wave move down from the 3068 peak. The structure completed a correction right at the Equal Legs zone, a key Elliott Wave support area.

Buyers stepped in from the blue box region, signaling a potential reversal. The reaction suggests short-term bullish momentum as the market respects the identified support.

Source: FXStreet Forex News