Russell 2000-the next target is 1700.

As we can see, the price has broken through the important support line of 2100 and has not been able to return back for more than two months. Then, we will consider this a confirmation of the truth of this breakdown. Now, let's pay attention to the wave structure. The falls occurred in the form of a pulse wave (1-2-3-4-5). This means that despite a slight consolidation, the downward movement will continue to the next support level of 1700.