This Russell 2000 ($RUT) chart shows the past 6 months of daily prices after the index finished the week at 946.27 on Friday, March 22, 2013. I called a bottom on the Russell 2000 index the last time I charted it and said to expect a bounce within two to three days. That was four days before…
Tag: $RUT
Russell 2000 Chart – Oversold?
This Russell 2000 ($RUT) chart shows the past 3 months of daily prices after the index finished the week at 795.02 on Friday, November 9, 2012. The trend lines agree that small caps have gone far enough south for now. The index found support the past two days at the two trend lines of lower lows I…
Russell 2000 Chart – September 28, 2012
I charted the daily prices for the past six months on the Russell 2000 ($RUT) after the index closed at 837.45 on Friday, September 29, 2012. Two other trend lines are set to converge just above the 825 area. If support works here, it would mean RUT fell 5%. That’s a descent enough drop to shake…
Russell 2000 Index Chart – February 24, 2012
I charted the past three months of daily prices for the Russell 2000 Index ($RUT.X) after the index closed at 826.92 on Friday, February 24, 2012. The small cap index had a great rally from the middle of December through the first few days of February. That’s when it broke out of its narrow trading channel…
Russell 2000 Index Chart – 10/28/11
I charted the Russell 2000 Index ($RUT) after the markets closed on Friday, October 28, 2011, when it closed for the week at 761.00. On Thursday, the small cap index broke above the trading channel it has been stuck in for nearly three months. The low for that day was in line with the previous…
Russell 2000 Index Chart – June 24, 2011
I charted the Russell 2000 Index ($RUT) after it closed on Friday, June 24, 2011 at 797.79. Just as the S&P 500 has done recently, the Russell 2000 found support at its 200 day moving average (dma) and bounced. The difference is that the small cap index bounced better than the large cap index and…
Russell 2000 Chart – Broken Trend Line
I charted the Russell 2000 ($RUT) after it closed on Friday, January 21, 2011 at 773.18. The small cap index has been on an outstanding run since the end of the summer last year, but this past week issued a stern reminder that it’s not going to last forever. With a 4.26% decline over the…
Russell 2000 Chart – Met With Resistance
I drew the Russell 2000 index chart ($RUT) after the index closed on Friday, September 10, 2010, at 636.36.
Russell 2000 Chart – April 23, 2010
I charted the Russell 2000 ($RUT) after the market closed on Friday, 4/23/10, when the small cap index closed at 741.92.