$MLI metals manufacturer. RS already cleared its 52 wks high, while price remain resisted below a 3mths DTL.
price have been riding on its rising 10MA since Q4 earnings. convergence of shorter MA with 50d
it gained +39% in less than a month (oct'21) during the last DTL breakout
From the previous idea (see attached: "Russel leading the consolidation pack") you will know that Russell in many ways has been acting as a leading indicator for US Equities.
This is interesting timingwise, especially when the break to new highs in S&P and NQ occurred was not comparable in Russell. So here we are now only needing to track the 1480-1475 region....