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.


Rod said...

I was just browsing and found your blog. Very Nice! I
have a wine refrigerator site. You can find everything about wine refrigerator as well as how to keep your wine properly chilled until it's ready to drink. Please visit, check it out and enjoy!

Virginia said...
This comment has been removed by a blog administrator.