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RUT - Daily


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#1 selecto

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Posted 21 April 2013 - 09:46 AM

The expectation is for price advance

We have lost the flare-away which began on the 8th, and tomorrow we will put in a break-away bar off the lower band, which generally confirms the end of a leg. The 60 minute "buy" was still good at the close Friday.

Both weekly and monthly mo are down as is the daily centerline (20 sma) so watchit.

:unsure:


http://stockcharts.com/c-sc/sc?s=$RUT&p=D&yr=0&mn=3&dy=5&i=p94181438130&a=299916132&r=1366555347684.png

#2 selecto

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Posted 21 April 2013 - 10:05 AM

Edit: Flare-away began on the 15th - can't read my own notes. :angry:

#3 merciless

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Posted 21 April 2013 - 10:24 AM

My charts suggest 918-922 on the futs, possibly 932. Will try and post if I can get imageshack up.....Trade Safe

#4 MikeyG

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Posted 21 April 2013 - 11:44 AM

We should be trading around 860 within 1-3 weeks, imho...

Christus vincit! Christus regnat! Christus imperat!

 

#5 merciless

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Posted 21 April 2013 - 11:57 AM

We should be trading around 860 within 1-3 weeks, imho...


The jan gap is gonna fill and we should backtest the breakout just a question of when