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.

1 comment:

  1. glad u took my advice from yesterday :-)
    dow all time highs imminent!