08/17/2015 – Russell 2000 index

Issued: 08/17/2015

September Russell 2000 index:

1. Continued hourly and especially daily closes above $1208 in September Russell 2000 index place the market into a ‘Buy’ position for further advance and test/attempt at both $1224 (initial target), then $1229/$30. Aggressive can go long at current prices (current price $1213.70).

2. A protective sell stop should be placed at $1205.50. This stop will be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 08/17/2015

September Russell 2000 index:

1. Our previous report indicated that continued hourly and especially daily closes above $1208 in September Russell 2000 index would place the market into a ‘Buy’ position for further advance and test/attempt at both $1224 (initial target), then $1229/$30. Aggressive were instructed to go long at $1213.70.

2. Subsequently, the September Russell 2000 index continued to advance and made its initial test/attempt at the $1224 initial upside target (today’s session high, $1223.30). This is initial profit taking territory, as noted. Higher prices remain indicated.

3. Our protective sell stop has been raised to $1209.50. This stop will be moved higher as the market continues to confirm. Will update.

David Williams