Russel 2000 Hyperwave? RUT

This is where things get scary. This HW stucture doesn't fit any of the time frame models as it lasts much longer and is much larger however, if it is a Hyperwave, then it leads one to think that perhaps a great global recession is on the horizon, as > 95% of all Hyperwaves, unless a fractal or supported by a prior Phase line ( the phase lines continue forever, just imagine the lines continue to the right) will break down and then we are in for a long possible decade long Phase 7 bear market)