Russel 2000 Rectangle Pattern Bullish Breakout

The Russel 2000 has broken through a long standing Darvas Box resistance level (yellow horizontal line) on the Weekly chart.

This has formed a rectangle base in the Russel 2000 with a 23% gain price target, calculated with a 1 to 1 upward move from the top of the Darvas Box resistance level to new highs on the Russel 2000. This is not investment advice.