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hungry_hippo
10 lug 2020 16:38

RUT (Small Caps) still in decision zone 

US Small Cap 2000 IndexTVC

Descrizione

Not sure if everyone else noticed but RUT and DJI went right back into the previous pennant zone.

Market being indecisive, assume earnings will decide direction....
Commenti
dane4
Just to add to the drama, closed at the .618 of the 2020 high and low.
hungry_hippo
@dane4, best to be all cash over the weekend. We'll see how Monday plays out.

I'm guessing bank earnings will determine market direction for the rest of the month.
SolomonLalani
This looks bullish. The histogram also shifting towards bullish
hungry_hippo
@SolomonLalani, yes indeed. I think we get 2 more weeks of pumptardedness
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