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Re: rimshot post# 8

Friday, 08/05/2011 2:55:33 PM

Friday, August 05, 2011 2:55:33 PM

Post# of 758
updated daily RUT to OEX ratio chart for the chart posted already at Post #8 -

note that I have added the RUT price action separately at the end of this chart with selected price horizontals, and with the RUT 300-day moving average which now represents potential failed moving average support ... also which has current confluence on August 5, 2011, with one important price horizontal ($747)

* the prior breakout levels for this ratio must now hold as support during this current decline



chart #2 - 60-minute Small cap index:

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