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The week is NOT OVER WITH in the “Weekly chart” above….At this time the Russell has created what looks like a rather large bearish at key resistance. I would be concerned more than a small bit, if support happens to give way and it pushes much lower.
Hoss…Russell last week closed below resistance and above support, in a very tight jam for sure. This week it broke above falling resistance drawn from its 2011 highs.
Chris,
How did the close of the week affect this, if at all?
Regards,
Hoss