Russell 2000, as posted on Nov. 10th.
At the time we said "Possible diamond top pattern.
Watch for a possible false breakout prior to a decline."
Russell 2000, as posted on Nov. 14th.
At the time we said "The Russell 2000 did breakout into the rectangle as suggested. We will have to see if it is indeed a false breakout prior to a decline as described in the above Nov 10th chart. However the QQQQ target area is close but has not yet been met. Therefore additional upside remains in the Russell."
Russell 2000, at the close Nov. 22nd.
With the QQQQ now within the target area we will be
looking for a reversal in the Russell 2000 to comfirm
a false breakout...
(Confirmation is needed)
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