Sunday, December 21, 2008

$RUT Update for 12.21.2008

RUSSELL 2000 INDEX - $RUT

Monthly chart shows aggressive bulls managing to hold onto support for now. No buy signal/pattern evident on this timeframe.

Weekly chart shows aggressive bulls managed to hold their ground last week, closing last week's trading session higher than its open.


Daily chart shows the aggressive bulls managed to grind their way higher. Look for sharper pullback to occur before looking for buy signal/pattern on this timeframe.

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