Market Watch: Keep an eye on the Russell 2000
What the overall market needs now is a breakout in the Russell 2000 to follow the last weeks breakout in the NASDAQ 100. I doubt it will do so today but there is still a chance it could close the week with a significant resistance break.

The S&P is also having a good day - but bullish leadership comes from the small caps; larger cap stock breakouts are features of mature bull rallies as money moves to 'safety' issues.
The S&P is also having a good day - but bullish leadership comes from the small caps; larger cap stock breakouts are features of mature bull rallies as money moves to 'safety' issues.