November 14, 2010

Russell 2000 Weekend Update

DAILY CHART WITH AN ASCENDING CHANNEL
DAILY CHART WITH 20 DMA AND SUPPORT LINE
 
  • Russell 2000 in daily chart is in a channel formation. Last weeks correction happened inside the channel. Price hasn't violated the support line of the channel yet.
  • Main support for the index is at 714 levels. Price is yet to close below the 20 DMA 
  • DOW JONES WEEKEND UPDATE
  • US DOLLAR WEEKEND UPDATE

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