x
0
SCOTTRADE ACCOUNT IT'S TIME. It's time for an easier way to invest. Open a Scottrade Account
Apply Now

Small Caps Eye Key Breakout

By Chris KimbleStock MarketsDec 13, 2016 11:27AM ET
www.investing.com/analysis/small-caps-eye-key-breakout-200169618
Small Caps Eye Key Breakout
By Chris Kimble   |  Dec 13, 2016 11:27AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

Small caps, in the long term, have done very well over the past 25 years. Below looks at the Russell 2000 since 1990.

Weekly Russell 2000
Weekly Russell 2000

Small caps have rallied big time inside of rising channel (1). Right now, they're trying to break above the top of the rising channel at (2).

If small caps can breakout, it would be a positive price event, which it was unable to do back in 1999 and 2007, when presented with the same opportunity.

What happens at (2) will send an important message to small- and large-caps going forward. Keep your eye on the breakout level, as this breakout test is very important for the risk-on trade in stocks.

Small Caps Eye Key Breakout
 

Related Articles

Small Caps Eye Key Breakout

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments
miroslav gnjatovic
miroslav gnjatovic Dec 13, 2016 4:49PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Big Short???
Solomon Lalani
Solomon Dec 13, 2016 11:22PM GMT
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Miroslav: it's break out of upper channel; not Big Short Chris: isn't that level 1375? RUT didn't clear that today
 
Are you sure you want to delete this chart?
 
 
Replace the attached chart with a new chart ?
Post 1000
Please wait a minute before you try to comment again.
 
 
 
Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Add Chart to Comment
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.