2018-10-19 15:44:33 | On The Fly: Weekly technical notes for Russell 2000The Russell 2000 (RUT) at time of writing is set to end flat against the prior week close. With price last at 1544.69, the levels to watch on the support side next week are from the 1525-1500 area. Resistance is at the 1570-1590 area. The index continues to be the worst-performer among major indexes of the past month. Sector performance was analogous to that of the S&P 500 with Energy, Financials, and the Industrials the most-heavily-hit sectors in a red week. |
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