RUSSELL 2000 INDEX - $RUT
Monthly chart shows continued weakness. No buy signal/pattern evident on this timeframe. Downside target remains at the .618 fib retracement level.
Weekly chart shows a doji/spinning top candle pattern. No buy signal/pattern evident on this timeframe. Market is in consolidation before the next move (down).
Daily chart shows a large bearish engulfing candle pattern, erasing all the gains made yesterday. No buy signal/pattern evident on this timeframe. Market in consolidation before the next move (down).
Friday, March 14, 2008
$RUT Update for 03.14.2008
Posted by TraderZ at 3/14/2008 05:49:00 PM
Labels: $RUT
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