- RUT is trading in a channel in 15 minutes chart.
- Channel is a descending one. right now the index is moving up and if stays above 731 RUT may move towards the top of the channel where it may hit resistance again.
- Things will turn bullish again above 734.
- Break below 729 will favour bears. 731 is also an important level as shown in the second chart.
http://mcclinbeursanalyse.blogspot.com/p/signaal-overzicht-s.html
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