SentimentEdge report

Jason Goepfert

9-24-2020 at 10:00 am

Russell 2000 is the first to lose its long-term trend

The Russell 2000 became the first of the 'big four' indexes to close below its 200-day average after all 4 had been rallying. It also ended a medium-term rally within a much larger downtrend for the index. Similar behavior in the past led to short-term declines, but not much beyond that.

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