| 2019-04-18 14:38:19|
IWM, RUT 14:38 04/18 04/18/19
On The Fly: Weekly technical notes for Russell 2000
For the holiday-shortened week, the Russell 2000 (RUT) is set to end lower. The index continues to broadly underperform its mega-cap counterparts, marking a big change in investor preference against the same time last year. At the last price of 1567.68. resistance is in the 1580-1600 area for the coming week. Support is in the 1560-1550 area. Health Care was the weakest group for the past 5 sessions, dragging down an otherwise stable advance in Technology and Consumer Discretionary.