May 26, 2010

I SHARES RUSSEL 2000 INDEX WEEKLY TRIANGLE

WEEKLY CHART
DAILY CHART
  • WEEKLY Chart is forming a triangle like formation.
  • Break on either side will be followed by a 20 point move towards the break out side.
  • Price closed above the 200 day moving average in daily chart.
  • Price is also closed above the crucial support of 64.
thank you

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