Wednesday, November 4, 2009
Russell 2000 Made 5 Waves Down Today
Just a quick note on the Russell 2000 which is lagging the major inidices today. It just made a small 5 wave decline on the 5 minute chart (see attached chart). It may be a fakeout, but it's worth watching to see if the Russell again is telling us it's leading the way and that tops are forming.