The Russell 2000, is a small cap index that many do not pay attention to.
They should start to paying close attention to it NOW !
The Russell 2000 was the LEADER is the BULL MARKET RUN_UP SINCE TRUMP ELECTION NOV>2016
NOW is it the Major INDEX that is LEADING STOCKS TO THE DOWNSIDE as the gains melt away.
From a 1452 High in Late July,
the Russell has fallen from 1454 to just above Critical Support, the May 2017 Low at 1351.04.
Today it broke its 200 Day Moving Average to the DOWNSIDE !
A close below 1350 would immediately project the Russell to another 100 point possible decline to 1250.
For this bull market, it is time for the Russell 2000
to PUT UP, OR SHUT UP ( FOR ALL THOSE NEW FOUND TRUMP MAKE AMERICA GREAT BULLS, ...now it's your time to BUY
BUT FOR THE REST< ...REALITY SOMETIMES BITES, AS THE BUBBLE IS READY TO BURST !
THE_UNWIND
They should start to paying close attention to it NOW !
The Russell 2000 was the LEADER is the BULL MARKET RUN_UP SINCE TRUMP ELECTION NOV>2016
NOW is it the Major INDEX that is LEADING STOCKS TO THE DOWNSIDE as the gains melt away.
From a 1452 High in Late July,
the Russell has fallen from 1454 to just above Critical Support, the May 2017 Low at 1351.04.
Today it broke its 200 Day Moving Average to the DOWNSIDE !
A close below 1350 would immediately project the Russell to another 100 point possible decline to 1250.
For this bull market, it is time for the Russell 2000
to PUT UP, OR SHUT UP ( FOR ALL THOSE NEW FOUND TRUMP MAKE AMERICA GREAT BULLS, ...now it's your time to BUY
BUT FOR THE REST< ...REALITY SOMETIMES BITES, AS THE BUBBLE IS READY TO BURST !
THE_UNWIND