Trading The Markets-Risk and Reward
Sunday, August 3, 2008
Looking Forward with the Russell 2000
Just like the SPX we are over sold on the weekly and over bought on the daily. Notice the MACD on the weekly(In the upper reversal zone).. The RUT is also at the top of the downtrend channel. I see us heading down with a stop of 730 if I am wrong.
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
About Me
David Richardson
Birmingham, Alabama, United States
Father of two wonderful kids. Husband of a beautiful caring wife.
View my complete profile
Favorite Fellow Blogger Links
A Good Options Online Broker - TOS
IncomeTrader Blog
Matt's Trading Blog
Mr. Profit Chart - Tim Knight
Options Rope a Dope
The Extra Degree
The Option Addict - Jeff Kohler
The Trump Blog
Warren Buffett Speaking at University Of Florida
Blog Archive
▼
2008
(152)
►
December
(1)
►
November
(1)
►
October
(8)
►
September
(9)
▼
August
(10)
Oh! Non-market related
Stops
Busy
Market In A Channel.. Looks bearish for Thursday, ...
Busy with life and sweating the RUT 750s...
Looking Forward with OIL (USO)
Looking Forward with Gold and Silver
Looking Forward with the NDX
Looking Forward with the Russell 2000
Looking Forward with the S&P500
►
July
(12)
►
June
(16)
►
May
(12)
►
April
(32)
►
March
(35)
►
February
(11)
►
January
(5)
►
2007
(11)
►
December
(5)
►
November
(2)
►
October
(4)
No comments:
Post a Comment