Profit Taking Hits Russell 2000
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJio1nXjWXh8XjGcX2adXL7o_iTQf_72rCZPbjdKFyIy1w4NZ667D33dwQtQ1jN3_KGUKNg6FZDFrc5IGPp9itC06N6YCZsqcQ6Yp3Efh7W6WGqkvHAJZ93JFegPLG86tMF26YHQ/s1600/NAS_Feb28b.png)
After successfully defending former resistance turned breakout support, the Russell 2000 experienced a relatively heavy reversal. It hasn't yet given up breakout support, but the index now finds itself back at the 20-day MA. It did so with a 'sell' trigger in the MACD and another relative loss in performance against the Nasdaq