The RUT continues to squeeze higher in its ongoing, rising
wedge. Longer-term, this pattern has bearish implications but,
despite the weak indicator support, there is currently no sign of a
price break.
You're welcome ohadi; despite low volume and drifting prices,
TNA is doing alright today. When volume returns to this
market, the picture may change, of course.
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RUT update: 15-minute chart
Posted by radrian on 9th of Jul 2010 at 01:03 pm
The RUT continues to squeeze higher in its ongoing, rising wedge. Longer-term, this pattern has bearish implications but, despite the weak indicator support, there is currently no sign of a price break.
Thanks for this. I've started
Posted by ohadi2 on 9th of Jul 2010 at 01:28 pm
Thanks for this. I've started to trade TNA and TZA and your analysis is appreciated.
You're welcome ohadi; despite low
Posted by radrian on 9th of Jul 2010 at 02:22 pm
You're welcome ohadi; despite low volume and drifting prices, TNA is doing alright today. When volume returns to this market, the picture may change, of course.