Breakouts deserve respect, successful test will validate move

posted in: Derivatives, Equities, Technicals | 0

Amidst deteriorating U.S. earnings picture and geopolitical uncertainty, stocks resilient Major indices break out, but how much buying power did bulls expend? Breakouts deserve respect, unless they are proven false Are U.S. equities trying to tell us something? Almost out … Continued

Small-cap bulls better put foot down and save RUT’s 200DMA

posted in: Derivatives, Equities, Technicals | 0

Russell 2000 suffers false breakout before retreating quickly Hedge funds not showing much interest in going net long RUT futures With 200DMA one percent away, small-cap bulls have opportunity to put foot down The Russell 2000 Small Cap Index is … Continued