The daily chart is looking bullish, we'll see how tomorrow goes. That 474 will again be the key area to support tomorrow. If we fall, watch 465 as important support, if that breaks, it could easily go retest 450.
RUT Daily Chart:
Wednesday, December 10, 2008
RUT: Still Holding the Neckline
The RUT held the neckline again today, and with a rally in the last half hour was able to close above the important 474 level after getting beaten down after lunch to 469.
The daily chart is looking bullish, we'll see how tomorrow goes. That 474 will again be the key area to support tomorrow. If we fall, watch 465 as important support, if that breaks, it could easily go retest 450.
RUT Daily Chart:
The daily chart is looking bullish, we'll see how tomorrow goes. That 474 will again be the key area to support tomorrow. If we fall, watch 465 as important support, if that breaks, it could easily go retest 450.
RUT Daily Chart:
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