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Russell 2000

Russell 2000 (RUT) : Support broken

RUT has break its support at 710.3

This support level is identified by both the Chikou Span and the Kijun sen (trend line).

With the whipsaw movement over the past few days, and the breakdown from this support level, this could be the beginning of a major correction.

Catalysts at this moment seems likely to be from the PIIGS.

By iam802

Trend trading with Ichimoku