About That RUT 2k Breakout
We often note in NFTRH that it is logical for the Small Caps to out perform the Large Caps during a time of US dollar strength. The reason is that…
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May 17, 2018
NFTRH+; BSX Just About to Target (Public)
Former NFTRH+ bull stock BSX was recently highlighted as a short due to this disgusting chart. When it was highlighted it was below the SMA 50 but went on to…
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October 27, 2016
A Bullish Leader Turning Bearish Leader
We have used this very simple indicator chart to show how the Small Caps have led the market in 2016, but done so within a post-2013 downtrend. With the 2016…
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October 26, 2016
NFTRH+; Russell 2000 to the Limit Area
My tolerance on a short position against small caps (via IWM) is shown here in this weekly chart. A break of the blue line and I'd probably move on. Among…
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April 13, 2016
NFTRH+; Russell 2000 Short Setup
Here is the (weekly) Russell 2000 chart we used in 2015 to show that a moving average cross and a similar looking pattern have occurred that resulted in severe downside in 2008. I think we can disqualify the 2011 ‘comp’ because that moving average cross was quickly reversed and the current one, despite the big rally, is nowhere near being undone.
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April 6, 2016
RUT Roh
Russell 2000 is poking below support this morning. That would be okay as a potential in-day whipsaw but other indexes were showing negative signs 2 days ago (subscribers ref. last…
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December 11, 2015
Stock Market Update (Plan on Track)
Yesterday the S&P 500 closed once again within the range we have been watching, that includes the upside (1993.48) and downside (1903.07) parameters to a test of what we have called ‘Resistance #2’ at 2040 (Resistance #1 was 1975, which SPX is still dealing with on its bounce attempt).
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September 9, 2015
RUT: Another Leader Abdicating?
Over at Biiwii on Monday we noted that a momentum leader to the US stock market - the Biotech sector - was abdicating leadership in favor of the momo driven…
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April 30, 2015
Want to See a Bullish Chart?
Well here it is, the Russell 2000 Small Cap index. We had been managing a Diamond pattern (consolidation, not necessarily continuation or reversal, see lower panel) by daily charts and…
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February 19, 2015
NFTRH; Market Quick Check
Gold poked above the SMA 50 and 1200 level. This is its minimum requirement to get bullish. Above 1240 and then 1260 would be very constructive. Gold has taken on…
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January 6, 2015
About Those Small Caps
During the early December correction that set the stage for the Santa rally, we (being NFTRH) watched the Russell 2000, which had actually been relatively weak as it floundered below…
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December 30, 2014
NFTRH; Russell 2000 as a Guide
Turning to one of our leaders, I wanted to show the Russell 2000 from weekly and daily views.
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October 22, 2014