peterdcharlebois

Russell displaying a large Head and Shoulders pattern.

RUSSELL:RUT   Russell 2000 Index
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There is a clear H+S pattern forming on the Russell. You can see where I drew one in, from 2011. Notice the carry through following the break of the neck-line. Technical targets for H+S vary. There is a good potential for this top to be significant. Let's see what happens if it breaks the neck-line.
Comment: Broke trend-line..... where will it go??
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