Solas!
The on going thoughts & musings (sometimes random, sometimes not) of Lumen Capital Management,LLC.
Saturday, April 18, 2009
We'll conclude our look at major American indicies by reviewing the Russell Mid-cap index.
1. Golden Cross and notice how it is right against a major level of resistance dating back to early October.
2. Trading range established last fall.
3. Index and ETF shows a very overbought state.
*Long IWR in client accounts.
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