Chart of the Day: Make or Break Time for the Russell?


The Russell 2000 has gone nowhere since December, but some traders may think the small cap index is poised for a move.

The main pattern on today’s chart is the pair of converging lines along the lows since April and the highs since May. Will there be a breakout from this triangle?

Second, Bollinger Band Width has …

For more, please click here to view the related idea and chart analysis on TradingView.

Russell 2000, daily chart, with selected patterns and indicators, courtesy of TradingView.
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