Russell Inverse Update

Russell Inverse Update

$TWM broke out on October 1st.  After the initial leg this inverse Russell 2000 Index dipped down to the 200 day moving average and held.  A fresh rally leg carried the $TWM up to a heavy resistance zone near $18,00.  A second pullback ended last week after another...
Crude Crumbling

Crude Crumbling

$USO under heavy pressure this afternoon after a promising start.  Crude opened above Friday’s high and remained in the green for the bulk of the day.  A late sell off has pushed $USO to new November lows as the current losing streak stretches to a record 11...
$DIA Chart

$DIA Chart

As the new week begins stocks continue Friday’s retreat.  The $DIA is off just over 250pts. and is trading below Wednesday’s low.  The $DIA opened that session with a powerful upside gap before finishing with a 555pt. gain.  The index will soon fill the...