Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Monday, November 13, 2017
RUT Russell 2000 Small Caps Daily Chart; Bounce or Die from the 50-Day MA
The Russell 2000 is parked at 1475 exactly on the 50-day MA support/resistance. RUT must choose to bounce or die from this level and the broad stock market will follow in the same direction.As the small caps go, so goes the broad stock market. Watch the RUT 1475 level very closely to see who wins. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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