Russell 2000 Technical: The Weakest Among the Major US Stock Indices

BY admin admin

<p>The small-cap Russell 2000 which is considered as a better proxy of the US economy has just broken below its key 200-day moving average. It is the worst-performing major US benchmark stock index since August 2023. Its recent major downtrend phase from 5 November 2021 to 16 June 2022 started ahead of the other indices; [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/518592-russell-2000-technical-the-weakest-among-the-major-us-stock-indices/">Russell 2000 Technical: The Weakest Among the Major US Stock Indices</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Is the Stock market going to the highs again ?

<div><div>Hi Traders,</div><div>A couple of months ago, I was already sharing my views in seminars that I was expecting the stock market to correct drastically. After a parabol

Forex

Decoding the Future: Bitcoin Market Trends in 2024

<p>Introduction: As we embark on the journey through 2024, the Bitcoin market continues to be a focal point of interest, speculation, and innovation. The past few years have been marked by remar

Forex

Gold on the brink on latest dip below $1,900

<p>Even though Treasury yields are not making new highs today, gold is once again slumping as the dollar remains steady overall. Of note, price is dipping below $1,900 and that is starting to st

Copyright © 2024 | WordPress Theme: Xews Lite