Categories
Russell 2000

Russell 2000 (RUT) : Fill the gap. Support level

RUT (along with many other counters) gap down on opening today.

It has since tried to fill the gap within the first half an hour.

Currently, it is just trading and hanging near to the support level 702.18 as indicated by the Chikou Span.

I doubt it will hold, unless Euro zone comes out with some positive news.

A fall below this will see our next target level shift to support at 678.