Above is the daily chart of Russell 2000 (RUT) from last Friday, 10th June 2011. RUT is in downtrend and is testing its support, which is 765-775. With this we can anticipate what could happen next week and adjust our trading strategy regarding it. Overall I see the regional stock market are in downtrend in short term. The quantitative easing is maybe not to be continued also add the downtrend of the us stock market as well. Plan your trade well.

 

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