Hello Traders Investors And Community, welcome to this update-analysis about the stock-market and its participants, where we are looking at the RUSSELL 1000 which is a major leading index in the US-sector covering the 1000 biggest companies by market-cap, therefore, representing a serious part which depicts the overall market, we are looking at recent events, the...
The Russell 1000 growth/value ratio has formed a head and shoulders pattern, indicating growth stocks may be in trouble and value may be on its way back
Dow Jones is having having a good/strong support near 27500
It is too having a resistance at 29500
If this support breaks we can see some more selling in Dow Jones
we can also see some presure near resistance
