On the daily chart we can see evidence of consolidation and chop between 690 and 730. While the RUT remains in that range we can expect continued volatility.
RUT Daily Chart:
Tuesday, February 12, 2008
RUT Daily Chart
The RUT showed a lot of strength in early morning trading, but after hitting the S2 pivot three times throughout the day it finally failed and fell in late afternoon trading. It still managed to close up $5.73 to 705.48.
On the daily chart we can see evidence of consolidation and chop between 690 and 730. While the RUT remains in that range we can expect continued volatility.
RUT Daily Chart:
On the daily chart we can see evidence of consolidation and chop between 690 and 730. While the RUT remains in that range we can expect continued volatility.
RUT Daily Chart:
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