Monday, May 18, 2009

RUT Hourly

A late afternoon gap fill on the hourly today, lots of bulls out to play.

That created a straight move up in the afternoon that will have a hard time supporting if the price decides to retrace tomorrow.

The hourly 200MA was strong support and price closed back above the 20MA on the daily. Tomorrow will be a fun one.

RUT Hourly Chart:

3 comments:

Unknown said...

Will there be any more posts?

Unknown said...

If thats all there is then thanks.

investment catcher said...

This is a wonderful website!! 
参考になります。
ありがとう。 Thank you!!
I'd be pleased if you exchange reciprocal link with me.
お互い頑張りましょう。
Easy investment
http://easy-happy-invest.blogspot.com/

この記事の中でリンクしています。(2010/02/21)
http://easy-happy-invest.blogspot.com/2010/02/head-and-shoulders-pattern.html
よかったらご覧になってください。