Wednesday, November 19, 2014

Russell 2000 Spinning Wheel

Visit StockCharts.com to see more great charts.
The Russell 2000 is consolidating after a spectacular 5-week sprint.  Volume is quite low when compared to the volume that sent this index rocketing higher in October.  At the present moment this appears to be an orderly retreat and may serve to shake weak hands out of positions in order to clear the deck for a move higher.