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Upside Target Met In Russell 2000 (RUT)

Posted on: Monday, December 12th, 2016

The Russell 2000 (RUT) effectively met our 1400 upside target today, which was first mentioned in our July 13th 2016 report entitled Another Reason To Be Intermediate Term Bullish, by trading as high as 1395 intraday to capture a 194 point, 16% gain in about 5 months.

Here is the chart from our July 13th report.

Chart 1

RUT daily: April 2015 through July 12th 2016

Here is the updated chart through this morning.

chart

RUT daily: April 2015 through December 12th 2015

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