Thursday, December 18, 2014
Bonus Update: No Material Surprises in RUT, INDU's Inflection Point
Another "day off" bonus update...
A quick chart of RUT, which seems pretty straightforward:
And in case I'm wrong on the bull case, here's one potential zone for INDU's next inflection point:
The bottom line is, bulls did what they needed to at yesterday's noted intermediate inflection point, and the long-term trend is still on their side, of course. Trade safe.
Posted by PretzelLogic at 12:14 AM