Don't know about your prediction, but how's this for weird: yesterday's closing low on the Rus2k: 698.26. Today's: exactly the same.
Bingo. Tommorrow may form an expanding triangle. Expanding triangles suck the most people in before finally breaking for a significant move. I still think we break lower but beware the expanding triangle.
As mentioned, intra day rising wedge confirmed â so equity downtrend can resume. stockmarket618.wordpress.com
Futures falling again tonight, hopefully they prop them up before the opening tomorrow morning!!! FUTURES *S&P FUT 1179.50 -10.40 -0.87% *DOW FUT 11300.00 -81.00 -0.71% *NAS FUT 2155.75 -19.50 -0.89%
We broke lower. Globex plyaers got a headsyart. Gap will try to fill but this is not looking good for bulls. Very unlikely to rallt until support is filled at 1100 range.