Update on RUT: Oct 28, 2015

In September’s update on RUT, I posted the following chart, showing both upside and downside targets for the index depending on how central bankers’ pronouncements were received over the next few days.

2015-09-14 RUT daily 2001

Sep 14, 2015

It never occurred to me that both the upside and downside targets would prove to be correct (and, eerily correct, at that.)

2015-10-28 RUT daily 0909

Oct 28, 2015

If that weren’t eerie enough, the index is, again, sitting at the gray channel midline, waiting to react to what central bankers have to say over the next few days.

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