Kimble Charting Solutions Blog

Leadership hanging by a thread

Posted by Chris Kimble on 01/19/2011 at 2:07 pm; This entry is filed under Russell 2000.
Tags: Russell 2000, RWM

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Russell 2000 has been a leader, on a performance basis over the past 6 months, gaining almost 50% more than the 500 index since last August. Currently it is attempting to hang on to support by a thread.

Game Plan....I am a buyer of RWM (inverse Russell ETF) with a 3% trailing stop.

Game Plan...

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