|The Russell 2000 continues to find support at its 40-week moving average. While this index still lags other major indices, the Russell 2000 has started to outperform the Nasdaq and the S&P 500 during the last two trading days.|
It is still a particular concern with the Russell 2000 that its volatility index (http://scharts.co/1vdirA0) has remained at elevated levels for quite some time. Especially when compared to the volatility of the large cap S&P 500 index (http://scharts.co/1vdh9Fd).
Time will tell if this index can right itself and move to new all time highs.