Happy weekend Slope! I hope everyone is enjoying the fall weather as much as I. Fall is be far my favorite time of year, and Tennessee is a great place to enjoy it.
I realize I haven’t posted in a couple months, but no fear, the persistent bull has not scared away the mighty TnR. I have simply had to nothing pertinent to add to the intermediate term discussion… until now.
If you have been following my posts, you’ll know the primary index I am tracking is the Russell 2000. It’s rising wedge formation has been developing for over a year now. 2013 is going to be an endless bull, right? In the words of the great Prophet Dick Vitale, “Not So Fast.”
As you can see in the daily chart of the Russell 2000 above, the rising wedge has become obvious for all to see. A few key points of interest in this chart. First
