Guy S. Ortmann, CMT | Nov 25, 2015 08:54AM ET
RUT Violates Resistance
Opinion: The indexes closed mostly higher yesterday with the exception of the DJT. Internals were positive on both exchanges as volumes increased from the prior session. Advances were modest but recovered from early trading weakness. We remain neutral for the short term given the current status of the charts and data while cautious on the more intermediate term outlook given weak market breadth and valuation.
SPX: 2,020/2,102
DJI: 17,150/17,903
COMPQX; 4,923/5,123
DJT: 7,895/8,330
MID: 1,394/1,465
RUT: 1,145/1,200
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