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Strategies & Market Trends : Underexposed Technical Analysis
AQN 6.620+2.0%Feb 10 3:59 PM EST
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To: GROUND ZERO™ who wrote (50)3/20/2017 4:01:15 PM
From: Underexposed  Read Replies (1) of 914
 
I have seem a few references to $RUT being in a Head and Shoulders pattern and I am on record with disagreeing with that... So far I feel confident in my opinion as shown in that chart I show here that RUT is not showing Bearish tendencies... as other American Indexes are also not showing bear.

There was a post by Trumptown showing how the short interest in the S&P 500 has increased since January. I doubt that the S&P 500 is going to plummet in the short term.... it cannot go on rising forever of course, I am not so naive as to expect that... but in the very near future there appears to me to be an upward movement on the horizon.

Yeah... perhaps I was being smug but it was not a shot at you in particular but rather more of a comment on the collective.
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