Click on any chart to engorge it

Click on any chart to engorge it

Russell Reality Check

More Fibonacci Arcs, for the weekly Russell 2000.  For a great 15 minute video on how all the major stock averages are lining up perfectly with Fib arcs, fans, and other technical patterns, check out Tim Knight at Slope of Hope.  His animated charts are very detailed and things line up so well, it almost seems like the expected bounce (like today) is too obvious, and we're just going to crash real soon, and not wait for the September / October period when the real bad stuff usually happens.  Walk softly and carry a big stick (made of gold).