A variety of signals remained mixed--indicating to me that we could experience either a few days of consolidation--or another leg down as G1 stocks head into 80w low. I see the real possibility of a rally not really getting started until after September 15--just as we experienced the 40-week low April 29 but didn't getting firing on all cyclinders until May 16. Caution advised.
Yes the $RUT looks bullish--just as it did mid-January 2005.
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