Helene Meisler writes a daily technical analysis column and TheStreet Top Stocks. For more information, click here. Meisler spent more than a decade on the sell side as a market technician covering institutional accounts at various investment banks in New York City, including Cowen & Co. and Goldman Sachs. In addition she worked at Cargill in Minneapolis where she managed equity money for three years. She received her bachelor's degree in business from Pace University.
Recent Articles By The Author
Good charts can turn bad and bad charts can turn good, and that's a big reason I prefer to focus on the indicators. So, let's dig in.
Let's look at sentiment, new lows, the Russell and oil.
I'd like to spin Monday's action as bullish but with what's going on under the hood, it is hard.
Here in two charts of the Russell 2000 fund I show how we can make sense of this indicator and how we can use it to our advantage.