Friday, July 17, 2015

[RUSL] update

At the backlink I was clearly modeling a sell off in RUSL.  Since then it bounced as low as $19 and is now at $23.  I see high odds of a falling wedge forming so I would get to the sidelines here and look to buy the next big dip.  It does not have to go to a lower low but will probably go to center channel at least.  A break above that top green line means something else more positive is happening but I give it low odds.


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