jmboyer1
Short

Russell 2K (IUX) Long Term (Monthly)

INDEX:IUX   Russell 2000 Index
12 0 0
Another great post by Chris Kimble here (http://www.seeitmarket.com/russell-2000-bulls-bears-favorite-way-looking-small-caps-13775/). Here's my replication of his chart w/RSI added. Easy to see why shorts should be optimistic in very near term. Added trendlines along w/Log settings and highlighted areas.

SHOULD only be a matter of time until the breakdown, but old bulls die hard...but with potential staggering drop is easy to see why bears (those that are left, anyway!) are getting excited.
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