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Thursday, August 28, 2014

Russell 2000


The Russell 2000 could be forming an "Complex Head and Shoulders Pattern". A drop below the blue dotted line could start the decent. The distance from the "Head" to the bottom of the "shoulders" is 130 pts.
Subtract that from the cross over point at the Blue line and the Target is shown around 990. There should be follow through with momentum.

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