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PeterLBrandt
Feb 12, 2024 5:51 PM

Major chart breakout in Russell Long

TVC:RUT1D
US Small Cap 2000 IndexTVC

Description

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Following the premature breakout of a massive rectangle that lacked follow through in Russell in late December, the rally today appears to be the legitimate breakout. This could be a strong advance.
Chart PatternsRUSSELL 2000m2k_f
Comments
VelvetHammersTrading
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Agree 100%, this would bode well for the breadth of the market beginning to take part, take pressure off the meta stocks.
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