Technical Analysis of STOCKS & COMMODITIES
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Russell 2000 At 79% Fibonacci Support - Will It Hold?
ARTICLE SYNOPSIS...Tuesday's intraday reversal off of major Fibonacci support looks like a hopeful development, but just how far might the Russell 2000 index travel before stalling again?
ARTICLE SYNOPSIS...After a short-term bearish reversal pattern appeared on the daily chart, the Russell 2000 Small Cap Index turned weaker. The recovery is likely to be sluggish.