| 2020-10-16 15:35:56|
IWM, RUT 15:35 10/16 10/16/20
On The Fly: Weekly technical notes for Russell 2000
The Russell 2000 (RUT) is set to end fractionally higher against last Friday's close, but has retained more of its gains than the megacap stock indexes have. At the last price of 1640, resistance for the coming week will be in the range of 1650-1690. Support will be in the range of 1630-1590. The groups that performed best for the week were Technology, Consumer Staples, Health Care, and Industrials. The weakest groups were Energy and the Financials.