View: content.screencast.com/use...RUT121713.jpg

content.screencast.com/use...RUT121713.jpg

RUT successfully backtests wedge breakdown, and reverses at downtrend resistance. Still in a downtrend.... Need to break under 1100 for things to get interesting.

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Comments

FLguy

TF hasn't had a monthly close below its 5m EMA since july 2012. the downtrend you speak of is micro.....macro picture is still insanely bullish. break below that EMA (currently at 1072) and it will be game on (perhaps). 12/17/13

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