Russell 2000 Analysis

The Russell 2000 Index is a small-cap stock index of the bottom 2,000 stocks in the Russell 3000 Index. The Russell 2000 used to measure the performance of the small-cap to mid-cap company in the stock market.

Here are the charts ordered by dates for the Russell 2000:

RUT - Russell Small Cap Index
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The RUT - Russell 2000 Small Cap Index. Advancing to new highs is good news for this small cap index.

The RUT - Russell 2000 Small Cap Index. Advancing to new highs is good news for this small cap index. Last time we posted this chart the large...
RUT - Russell 2000 Small Caps Daily Chart
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RUT - Russell 2000 Small Cap Index trading close to the highs of the base

The #RUT - #Russell2000 Small Cap Index is trading close to the highs of the base 👍 and holding up whereas the Nasdaq 100 large caps are trading below their 50-day & upward sloping trendline. This suggests relative strength for the small caps vs. the large cap stocks for the moment.
Russell 2000 - Small Caps - Daily Chart
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Russell 2000 - Small Caps Near Highs

Russell 2000 Index - Small cap index at the high of its base. Holding up whereas the Nasdaq 100 large caps are trading below their 50-day and upward sloping...
RUT - Russell 2000 Daily Chart
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Russell 2000 - Rising Channel Pattern

Russell 2000 Index - redrew this pattern on the small cap index. Looking less of a broadening pattern in scope and more of a rising channel
Russell 2000 Index
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Russell 2000 - Broadening Pattern

Russell 2000 Index - A broadening'esq pattern on the small cap index. Broadening patterns have bearish implications. in this chart...

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