chart courtesy of www.Stockcharts.com
Russell 2000, small cap index broke out on friday, after a 7 month consolidation. This is a strong indication from that Market that it want to go higher. If this falls below 575 . then it's a false breakout.
Sunday, October 03, 2004
Russell 2000 breakout is significant
chart courtesy of www.Stockcharts.com
Russell 2000, small cap index broke out on friday, after a 7 month consolidation. This is a strong indication from that Market that it want to go higher. If this falls below 575 . then it's a false breakout.
Friday, October 01, 2004
SOX Breakout
SOX breakout chart
Semiconductor Index has broken out of its trading range. It looks like the market might push to the upside since semicondutor going up creates bullishness in traders.
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