$RUT Top Components Follow-up- Part 2

Here are the previous and updated charts to the remaining 5 of the top 10 largest components in the Russell 2000 Index ($RUT).  The previous charts were from the original post made on March 22nd.  The first 5 charts were updated yesterday afternoon. As always, this string of charts can be easily navigated by clicking on the first one to expand, then moving your cursor anywhere towards the right of center on the chart then clicking to advance to the next chart.  To zoom in or out, simply use the scroll wheel on your mouse or click, hold and drag [...]

Apr 3, 2013 11:15am|Categories: Equity Market Analysis, Using RSOTC|Tags: , , , , , |Comments Off on $RUT Top Components Follow-up- Part 2

$RUT Top Ten Components

These are the daily charts of the ten largest components of the Russell 2000 Index (posted in descending order by weighting).  Rarely have I even seen such screamingly bearish patterns on nearly every top component in a major, diversified index such as this.  Of course, these stocks are also extremely overbought on the daily, weekly and even monthly time frames.  Personally, I'm expecting much more than the run-of-the-mill 3-5% pullback that most pundits on the street are calling for.  As taking screen captures and annotating 10 chart takes a considerable amount of time, my notes on the charts are minimal but [...]

Mar 22, 2013 12:09pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , |Comments Off on $RUT Top Ten Components