2019-05-17 16:01:19 | On The Fly: Weekly technical notes for Russell 2000The Russell 2000 (RUT) underperformed the mega and big-cap indexes this week and is set to end essentially flat for the week and off its recovery highs. With price last at the 1540 area, support for the coming week is at 1530-1500. Resistance is at 1550-1565. Sectors that performed best were Utilities and Energy. The sectors leading on the downside were Consumer Discretionary, Basic Materials, and Communications Services. |
---|