Thursday, July 12, 2007

RUT Remains Relatively Tame

The Russell 2000 gained 15 points today but still shows some relative weakness when compared to the DOW and Nasdaq. This is great for those using the RUT for Iron Condors. Lets watch carefully to see if the RUT can break and hold above it's current resistance level (about where it is now). It could start to act hyper to try and keep up with it's brothers so keep a keen eye on.

RUT 1yr / Daily

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