$IWM Small Caps Struggle To Keep Pace #trading #markets

Since the February 9th bottom, the Russell 2000’s rebound of 8.95% trails that of its counterparts. The Nasdaq has added nearly 12%, The Nasdaq 100 over 13% and the S&P 500 nearly 10%. The index also has some resistance to deal with in the form of its prior breakout level near $155.00 which it ran into during todays session. Volume has also run way below average levels over the last two trading sessions in which the index rallied. Is the recent rally tiring into this resistance? We will be keeping a close eye going forward.

IWM

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