Wednesday, September 3, 2008

RUT: Still Holding

The RUT held up amazingly well today in face of all the other indices getting hit hard for most of the session.

The RUT closed up 3.40 points and remains above the 8MA, 20MA and 200MA on the daily charts. This is in start comparison to the other indices that are under most of them. The big question now is whether the RUT holds on here, moves up or falls apart with the rest of them?

RUT Daily Chart:

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