View: rutro.png

rutro.png

Russel 2000 in trouble? According to this simple long term indicator it has been accurate for the past 20 years.

Comments

BIGOLDEDBIGOLDED
Great post ! It made me look at the SPX in the same time frame and it looks very bullish. For example the RSI 5 is very strong and the EMA's look like a Cialis commercial. Divergence it seems is here, thx 9/21/14
Mike1981Mike1981
The indicator used is PMO. 9/21/14
Mike1981Mike1981
I agree bigolded. The SPX and the DOW are still bullish according to this indicator but be cautious that they too will follow the rut. 9/21/14
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