‘Russell 2000’ Archive

Respect Thy Trendlines by Josh Brown

  CLICK ON CHART TO ENLARGE My friend Josh Brown of the Reformed Broker, wrote an clean/short post on “Respect Thy Trendlines” (Read Josh’s post here) Its a really timely article due to what is taking place below! CLICK ON CHART TO ENLARGE These charts reflect that resistance could be breaking in the Dow, S&P 500 and [...]

Buy these dips and breakouts from depressed prices?

  CLICK ON CHART TO ENLARGE Do you believe in buying the dips? Do you believe in buying breakouts above resistance lines? Do you believe in buying when an asset breaks above a moving average? If the answer is yes to any of these, the above 3-pack might be interest to you. Remember the 3-pack [...]

Bearish wick soup for Bio Techs, as Russell breaks support!

  CLICK ON CHART TO ENLARGE Small caps created a rather large bearish wick last week, which is often bearish, at (1) above. As we all know one week doesn’t make a trend. What has my attention is this…This weeks price action is breaking rising channel support at (2). If we close the week below [...]