Tuesday, February 3, 2009

RUT: Small Body Bar on Daily

The RUT closed higher today after reaching and testing the 455 (50% fib) area that was my closest upside target yesterday.

Two days up in a row in this market is an accomplishment, we'll have to see how it goes tomorrow. The same downside targets hold true that I posted yesterday and the same upside as well.

RUT Daily Chart:


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