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

283

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.
Advertisement
Trade in milliseconds

Explore the most actively traded options

Trade 600+ futures products on an advanced platform