Daily Report : Small-Cap Trading Range Looks Set to Break Soon

The small-cap Russell 2000 has gone more than 135 days without setting a 52-week high. But it also hasn't fallen into a correction, only the 2nd time in its history it's done both at the same time. There was a positive surge in stocks above their 200-day moving averages; bulls now need to show enough oomph to turn the McClellan Summation Index positive.

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