Break Or Wilt?
Another day, another lifetime high, eh, folks? For the Russell 2000, which I think has been the most interesting big domestic index this year, we are again at a make-or-break point with respect to its own reversal points.
If the MidCaps are any guide, though, the prior highs will be swept aside, making a nightmarish scenario for equity bears even night-mare-ish-er. This analog is augmented by the inverted head and shoulders pattern I’ve pointed out with the Russell, shown above.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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