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The Russell 2000 went into a downtrend in late October, and then it signaled a possible breakout by breaching its channel lines, as shown below:

Sure enough, the signal led to a huge breakout.

 

The key signals were (1) breaching the channel lines and (2) large volume at the bottom of the downtrend, which signaled that Smart Money is buying again.

Trading like Wall Street insiders comes down to two things: chart patterns and volume.

 

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Today's Bonus Content: New SMS Alerts for Options Traders