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The Russell 2000’s upside extension above the breakout is...

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    The Russell 2000’s upside extension above the breakout is bullishly encouraging. The index spent nearly two years consolidating within a well-defined range before completing the topside break. The RUT, having worked its way back to the two-year highs at 2100, favours additional upside in the coming year and a possible retest of the record highs. The bull market in the US needed to broaden out technically, which now seems to be occurring despite elevated near-term risks for a correction.

    https://hotcopper.com.au/data/attachments/6069/6069219-7b59ebe9f383c384abff487a6add1770.jpg

 
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