Most indices continued their wide and whippy action within the trading range, with most closing weak, near the lows.

The Russell 2000 continued its relative weakness and pushed to new lows. The Transportation Index also broke below its trading range and pushed lower.  Both look lower.

The Russell ETF closed at $140.61 and significant support is in the $136 area.

The Transports closed at $171.83, and significant support is in the $164 area.

Unless you are an experienced trader, I still think it’s best to stand aside.


lock

Sorry, this content is for members only.

Click here to get access.

 

Already a member? Login below

Email
Password
 
Remember me (for 2 weeks)

Forgot Password