RUT 20 Year Monthly Chart:
Wednesday, November 12, 2008
RUT: The Good News
Looking at the RUT monthly chart there appears to be some horizontal price support in the 350 area. If the RUT closes below the recent lows of 440 it could easily drop down to retest the 2003 lows in the 350 area. The market is showing us that it has little interest in stabilizing.
RUT 20 Year Monthly Chart:
RUT 20 Year Monthly Chart:
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