Russell 1000 Index at a Crossroads

Moderator: moderators
rank: 10000+ posts
rank: 10000+ posts
Posts: 10471
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

Russell 1000 Index at a Crossroads

Postby » Sun Apr 17, 2016 2:20 pm

The Russell 1000 Index is showing lower high points below a falling trend line at the 1151 level. In the previous month we saw a huge move up from a support level of 1070. These two levels will be used now as indicators for the direction of the index in the future.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

On a monthly chart, this is increasingly looking like a bearish broken top formation, but in order for this to be confirmed, we need a ... (read more)

Please add to your ad blocker white list.
Thank you for your support.

Return to “news”