| 2020-02-21 15:06:32|
IWM, RUT 15:06 02/21 02/21/20
On The Fly: Weekly technical notes for Russell 2000
For the holiday shortened week the Russell 2000 (RUT) is set to end lower but has not been as heavily damaged as have the mega-cap indexes. At the last price of 1677, support for the coming week is in the range of 1660-1640. Resistance will be at 1690-1710. Sectors that performed the best for the week were Energy and Health Care. That does not take account of today's negative price action where Technology, Energy, and Consumer Discretionary were the weakest sectors by a very wide margin.