Hanging By a Thread

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Over the last months, the meltup has resulted in a low volume grind…which can be seen in the volume analysis at the bottom of this chart. Last week gave us a high volume down week and a hanging man candle on the weekly chart of the Russell 2000 similar to candles that have spearheaded other significant declines on the Russell… Certainly is starting to look interesting…

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there is a lot of detail on this chart please view a high-res view by clicking here