RUSSELL 2K AND DOW TRANSPORTS TOPPED?

25 ביולי 2021

The combination of RUT and DTX has created a rising wedge. Price has broken down out of the wedge. These two indices are known to lead the broader market, so their topping in early June is interesting. Price topped in coordination with an RSI divergence before breaking down from the lower trendline of the wedge. This seems to have a good chance of going lower.

NOT INVESTMENT OR TRADING ADVICE