Russell 2000 non-confirmation with the Dow
The non-confirmation by the current top of the Russell 2000 compared to the Blue-Chip Dow industrials, shows that risk appetites are collapsing...
Comment
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Comment by BullBearGirl on November 10, 2009 at 6:04pm
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Great charts guys - thanks.
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Comment by Steven Vincent on November 10, 2009 at 5:24pm
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Yes I have been tracking that and it is a major reason why I turned intermediate term bearish and continue to be so. If this ratio starts to turn up it could push the SPX to 1120, but if not...
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