S&P500 and Russel 2000 : Mixed Signal

2022年2月18日

Russell 2000 is showing a text book example of Up Trend followed by Sideways move and then down trend. It has broken the range and going down. But S&P500 is still sideways, not yet broken the sideway support. So two indices are not in sync. Let us wait to see if S&P breaks supports and follows the Russell 2000 or continues to go sideways?

2022年2月22日

注释

Looks like geo political situation in Ukraine can fulfill the technical analysis and bring S&P and Russell 2000 in sync to start a down trend.

2022年2月24日

交易开始

Today S&P closed below the sideway support (box), a confirmation would be test of 4277 area and then continue to go down.

2022年3月7日

注释

S&P500 has made series of Lower Lows and Lower Highs, more likely down trend will continue.

2022年3月7日

注释

More over both S&P500 and Russell 2000 are in agreement for down trend.