| 2020-04-03 15:43:18|
IWM, RUT 15:43 04/03 04/03/20
On The Fly: Weekly technical notes for Russell 2000
The Russell 2000 (RUT) has been lagging megacap names for some time now and that trend looks set to extend. The index was last in the 1040 area. At that price support is in the 1020-1000 area, with the 52-week below at 966.22. Resistance is at 1080-1100. All sectors were set to end down for the week. Leaders on the downside were Consumer Discretionary, Financials, and Energy. Basic Materials showed the best relative performance, but was still negative on the week.