Tag Archives: RUT
Many references were made yesterday in financial media about a key reversal in Russell 2000 after a new record on Monday. But how reliable is this pattern?
We now have sufficient history to allow us getting an estimate of the probability of a large drawdown in U.S. stock indexes. Below are the results and our conclusions. For access to premium content, you must be a subscriber. Please … Continue reading
Technical analysis has been a major cause of trader failures along with account undercapitalization. Here we show briefly how untested technical analysis claims about overbought/overbought conditions have misled traders into unprofitable trading. For access to premium content, you must be … Continue reading
Another major chart pattern, this time in Russell 2000 Index, has just failed. Chartists are dumbfounded by the failures of even the best of chart patterns recently. Some have come to understand what is happening but some others still resist not realizing … Continue reading