Wednesday, November 09, 2005

Russell 2000 crosses 650 resistance


Russel 2000 index is still within the broadening descending triangle pattern. It has reached the upper end after passing through the resistance(indicated by the green and red horizontal line) at 650.I think we will go back and forth for a couple of days and then do a breakout. If it fails that 650 line all hopes of a breakout are out.

2 comments:

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Virginia said...
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