Russel 2000

4 Aug 2017 ‚óŹ 06:12 AM

US equity indices are seeing major divergences in the last week. The Dow is alone at the new highs. The Nasdaq is moving lower slowly, the S&P is flat, the Transports is bouncing back from a 5 wave decline, and the Russell 2000 is now in minor wave iii down from the multiple highs in the channel of the 6 month highs and lows. We can say prices are attempting to move to the lower end of the range again at 1374. 


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