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US Small Cap 2000 Index
Short

RUSSELL 2K AND DOW TRANSPORTS TOPPED?

212
The combination of RUT and DTX has created a rising wedge. Price has broken down out of the wedge. These two indices are known to lead the broader market, so their topping in early June is interesting. Price topped in coordination with an RSI divergence before breaking down from the lower trendline of the wedge. This seems to have a good chance of going lower.

NOT INVESTMENT OR TRADING ADVICE
UnknownUnicorn25245947
DTXOscillatorsrussell2000RUSSELL 2000rut2krutdtxSPX (S&P 500 Index)transportsTrend AnalysisTrend Lines

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
DTXOscillatorsrussell2000RUSSELL 2000rut2krutdtxSPX (S&P 500 Index)transportsTrend AnalysisTrend Lines
UnknownUnicorn25245947

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.