RUT WEEKLY FOR 8-5-19

Rut took out prior week high and low.

. HIGH OF 1599.40

LOW OF 1522.37

. SEE TIGHTENING WEDGE OR TRIANGLE FORMED IN CHART

. below 21 wk ma and 50 week ma

. Bollinger band 1483

*** will the false breakout lead to a breakdown this week… will be MAJOR TELL to test 1460 from 6/07.??? or will it take out 1600 and test 1519. OR coil and go sideways.

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