November 2, 2010

Russell 2000 Support and resistance zone

  • 707 - 711 area seems to be the supply zone for RUT in daily chart.
  • 686 - 690 is the area which is supporting from breaking down.
  • Price violation of this range with good volumes can give good direction.
  • S&P 500 ANALYSIS AFTER CLOSING BELL ( THE DAYS OF LONG SHADOWS)

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