Thursday, September 25, 2014

Outside Up Day for the NYSE: not so the Small Caps & Russell 2000.

NYSE Daily Chart @ Close 09/24/2014
As one of the trio of sub- indices that have clearly under performed the headline S&P500/ DOW scoring record highs; the NYSE has put in a Bullish Daily Chart pattern with a Bullish Engulfing Outside Up Day.
The Small Caps (S&P600) & Russell 2000 NOT so; so the 'jury' remains 'out' amid this churning corrective price action 'below' the frothy Head- Line #'s.