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Short

Death Cross on $RUT $IUX makes the hunt for red october

RUSSELL:RUT   RUSSELL 2000 INDEX
On Sept 20th, we posted on our StockTwits about the formation of an Evening Star pattern. The Russell 2000 index             managed to also form a death cross on the same day the Evening Star pattern was formed. This typically spells out danger for the future. As the indicators reach oversold territory, there is a chance buyers may bring it back up to the 200 day before this finally breaks lower. The 1100 support will probably be tested first.
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