‘Russell 2000’ Archive

Small & Mid Caps haven’t done this in 10-years says Joe Friday!

  CLICK ON CHART TO ENLARGE The above 2-pack highlights that the Russell 2000 and Mid Cap 400 ratios against the S&P 500 could be breaking support dating back a decade. The Power of the Pattern highlighted this past weekend the rare situation that was taking place in the Russell/SPY ratio (see post here)  The last [...]

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 [...]