June 1, 2010

RUSSELL 2000 INDEX BULLISH FLAG


  • Russell 2000 index is forming a bullish flag.
  • On break out it can give around 40 points on the break out.
  • The pattern is valid only if it breaks the above sloping line.
  • caution: have stop loss just beneath the break out point as chances of false break outs are there too.
thank you

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