September Russell index:
1. Today’s September Russell will likely close the day below the critical $1156/$55 level, placing the market in the weaker position noted in previous updates.
2. Will message new short entry based upon the above in tomorrow’s early session for the forecast decline to $1139/$38 noted in the July 22 update.
3. Until then, our original buy stop/new long entry at $1164 remains active. Will update.