The Russell 2000 futures

07/09/2008 12:00 am EST


Thomas Aspray

, Professional Trader & Analyst

The Russell 2000 futures reversed impressively to the upside Tuesday, suggesting a short term bottom was in place. Short covering should take the futures back to the 690-700 area and possible the 720 area. Wide range Tuesday with support at 670-75, then at 655.

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