Watch the reaction to news in the Russell; as well as in the S&P and NASDAQ. We compare the price action and volume of these various indexes. All 4 major indexes show a hike in volume immediately before the news event at around 10:48, and the markets work towards new lows, but with essentially no reaction to the news event. We set some initial and extended targets by using prior history for an agressive short entry. This lead to $380 on a 2 lot in the Russell, and similar successes in other markets.
