A bearish rising wedge is forming for RUSSELL small cap index US2000USD as falling dollar pushed Thomson Reuters commoditiy index TRJEFFCRB rising to 11 month high. Smart money should unwind stock possitions from their porfolio firstly small cap one. Breaking down this wedge would confirms the short-term correction of stocks market.
Trading strategies:
Go short US2000USD for target 1570, stop loss at 1610