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Berger: Looking for price weakness in the Russell 2000

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November 17, 2014 indecision, index, index investing', index trading, indexes, india, investing, investment, russell, russell 2000, russell index, s&p500, s&p 500 index, s&p500, s&p, s&p 500, s&p 500 index, s&p500, saxo, saxo bank, saxo bank saxo tv, saxo bank trading floor, saxo bank tradingfloor.com, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxotv, serge berger, serge berger saxo, serge berger tradingfloor.com, small cap, stock, stock market, stock markets, stock trading, stocks, stocks markets, trade idea, trader, traders tale, traders tale saxo tv, traders tale serge berger, trading, tradingfloor.com
Serge Berger, also known as the Steady Trader, is looking to short the Russell 2000 small-cap Index. Serge explains that although the Russell 2000 index has rallied sharply after its mid-October lows, the index has only moved to lower-highs, while the S&P 500 has moved to higher-highs. 

Specifically, Serge is looking for the Russell 2000 index to start showing some price weakness with a daily close below 1173. His target is 1130 with a stop loss at 1190.