April 1, 2020 11:52 AM RSS

Can The Russell 2000 Breakout This Week

  • Wall Street Rebel | Geoff Garbacz
  • 11/13/2017 05:32 PM
Can The Russell 2000 Breakout This Week

The Russell 2000 peaked on October 3 and since that date has been unable to make a new closing high. 29 days and counting.

The inability to make a new high is a problem for the overall market. Back on October 4 we noted that the QQQ had a similar problem as it could not close above $147. Finally, QQQ broke above this level to close at $147.99 and today is at $153.87.

Will the IWM be able to break out as well?

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