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Chart of the Day: Will Small Caps Follow the S&P Higher?

By

David Russell

-

June 28, 2023

10

The Russell 2000 small cap index has lagged all year, but it may be showing some signs of coming to life.

The first pattern on today’s chart is the rally in early June, a potential sign of the bulls taking charge.

RUT proceeded to retrace half the move before rebounding. That could mean …

For more, please click here to view the related idea and chart analysis on TradingView.

Russell 2000, *daily chart, with selected patterns and indicators, courtesy of TradingView.*

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