PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

«
»

January 1st, 2015: RUT Weekly Chart Update

Posted by pugsma on January 1, 2015

6:50 pm EST:  RUT continues to march higher towards its large (6 year old) Inverse Head and Shoulders (IHS) target of 1370.37, which also agrees with the E-Wave P5 = 0.62*P1 target of 1366.58.  There is also smaller (1 year old) IHS with neckline at 1200, head at 1040 and target of 1360, again agreeing two the other two targets listed above for the completion of P5-C1-SCV.

RUT weekly chart (12-31-14, EOD):

PUG RUT weekly EOD 12-31-14

 

This entry was posted on January 1, 2015 at 6:50 pm and is filed under RUT. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Sorry, the comment form is closed at this time.

«
»
 
%d