Shorting Russell 2000

5 up days in a row. The odds favor the short side.

 

Shorting all time highs on an upside breakout?

You're brave!

Still, you could be short for 10 minutes or 10 months for all I know.

Good luck.

 

Does 800 now become Support for the Russel 2000, Its up a solid 3% in 4 trading day. I believe its a bit overbought here as well but the Russel 2000 did need to break 800 which it did.

ALL TIME HIGHS.




http://finance.yahoo.com/charts#chart1:symbol=^rut;range=my;indicator=volume+macd+rsi;charttype=candlestick;crosshair=on;logscale=off;source=undefined

 

Ever look at historical quotes and see the high and wonder who was lucky enough to short it at that very second after the stock had been down 8%, 15%, 25%, 33%, or even 85%....

 

Those who were anticipating a change of trend, I should imagine.

 

3% in 4 days is nothing for the Russell, it can move that much on a single trend day as it has in the recent past.