‘Russell 2000’ Archive

Small caps (Russell 2000) does this for the first time in 13-years!

  CLICK ON CHART TO ENLARGE The top line represents the Russell 2000/SPY ratio. A 6-year support broke at (1), soon after that the S&P 500 broke below a multi-year support line at (2), which was followed by softness. Now the Russell 2000/SPY ratio is breaking a 13-year support line of late. Should investors “approach [...]

Joe Friday…This could get very ugly for the Russell 2000!

  CLICK ON CHART TO ENLARGE The Russell 2000 is up against a 14-year resistance line and might have put in a double top. This chart was sent to Premium Members over a week ago, as members were establishing short positions very near all-time highs. After creating what could be a double top, the following [...]

The “Weak Links” of this market nearing falling resistance!

  CLICK ON CHART TO ENLARGE Ten weeks ago the Russell 2000 and NDX 100 hit their highs for 2014 and have been weak ever since. The rally over the past few days took these weak links near falling resistance lines. What happens at resistance in these weak performers could become very important for the [...]