Russell 2000 Takes Out Feb 18 LOW ! Bearish Significance !
If you need any additional
CONFIRMING BEAR MARKET EVIDENCE
in stocks/economy in the US
then look no further than the economically sensitive
Russell 2000 Index RUT,
The Russell 2000,LEAD the final push of the bull market
to all time highs from November 2016- August 2018
Yet..noticeably it was also the first major index to top ,in Aug.2018,
and begin the rollover process that has continued relentlessly this fall.
Today, the Rusell 2000 has taken out the PRICE LOW
of the Feb 2018 Bottom, a technical breakdown of major significance.
Technical analysis defines that as the beginning
of yet ANOTHER leg down in the Russell 2000
And because of it's economically sensitive nature,
the Russell breakdown today to new 2018 lows..
should be a clear warning sign to stock market investors in the US
as well as the the other major indices,
the Dow, S+P 500, and Nasdaq,..
that their time is also running DRY.
RUT Last 1410.82
THE_UNWIND
12/14/18 400PM
NEW YORK
CONFIRMING BEAR MARKET EVIDENCE
in stocks/economy in the US
then look no further than the economically sensitive
Russell 2000 Index RUT,
The Russell 2000,LEAD the final push of the bull market
to all time highs from November 2016- August 2018
Yet..noticeably it was also the first major index to top ,in Aug.2018,
and begin the rollover process that has continued relentlessly this fall.
Today, the Rusell 2000 has taken out the PRICE LOW
of the Feb 2018 Bottom, a technical breakdown of major significance.
Technical analysis defines that as the beginning
of yet ANOTHER leg down in the Russell 2000
And because of it's economically sensitive nature,
the Russell breakdown today to new 2018 lows..
should be a clear warning sign to stock market investors in the US
as well as the the other major indices,
the Dow, S+P 500, and Nasdaq,..
that their time is also running DRY.
RUT Last 1410.82
THE_UNWIND
12/14/18 400PM
NEW YORK