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Russell 2000 makes a break for it

The story in equity markets for the past six months has been tech stocks outperforming value, in part due to expectations of a recession, in part due to the AI boom, in part due to poor commodity prices and in part due to bank-heavy value indexes that have been beaten up.That's left the Russell 2000 behind this year but today's price action offers promise.As you can see, it's surged more than 3% and broken the April/May highs. That's a bottoming indication and there isn't much resistance until 1... Read More

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Russell

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Makes

Break

Forex

Posted: Jun 2 2023, 18:23

Author Name: forexlive

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