RUSSELL 2000 INDEX - $RUT
Monthly chart shows index above both its 34ema and 8ema. Look for a test of the October 2007 high.
Weekly chart shows index above both its 34ema and 8ema. 
Daily chart shows bulls made higher high, but were met with increased selling as profit-taking took plate late i the trading session. The 200sma remains as resistance, which is directly above.
Sunday, May 18, 2008
$RUT Update for 05.18.2008
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