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.

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