The Russell200 has broken its downward wedge pattern on a 4 hour time frame. Yesterday sell off has triggered extreme reading for most of the major indices across the board. The price pierced the Bollinger band sharply towards the downside but bounced back up sharply but still not close to its 20 day moving average. […]
The post Russell2000- Bounced sharply back up, but could be dead cat bounce appeared first on FX-Insights.