>Breakout
>I also noticed the Russell 3000 index has broken out of a cup-and-handle base, and has simultaneously crossed above the 200-day XMA, which also has rounded out a bottom and has just now turned up. Some people use the direction of a moving average to define a trend. If so, the trend is now officially “up” (actually it’s been “up” for quite a while, ever since March 10th.)
The symbol for the Ishares Russell-3000 Index is IWV. I set this to be the default chart for the gigascanner main page, since the volume data for the DJIA and NASDAQ indexes is screwed up these days.
It’s a strange problem. I have tried tons of different data feeds over the years, and virtually every one of them has intermittent problems with the volume data on the stock indexes. I wish somebody could tell me why this is, and how to get it fixed!