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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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...If the dots don't connect, gather more dots until they do...




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Wednesday, October 03, 2012

Russell 2000 Index is the "Wild Card" Today

As I write this at 11:30 am EDT on Wednesday, here's a brief summary of where the markets stand.

Apart from Materials and Energy, it's a "risk-on" day, with Consumer Discretionary leading the Major Sectors group.

Dow 30 is up by 5 stocks to 1, SPX up 2-1, NDX up 3-1, OEX up 3-1, and RUT at 50/50 is the laggard and today's "wild card"...THE one to watch, along with Gold (as it continues to look toppy at this Weekly triple top level).