Wednesday, August 13, 2014

Russell 2000 Stalling

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The Russell 2000 continues to perform poorly as it meets resistance at its 40-week moving average.  The S&P 500 is seeing resistance as well as this index approaches its 10-week moving average. Money appears to be going into the Nasdaq and the Nasdaq-100 as these indices are once again approaching their recent 52-week highs.