All eyes in our office tomorrow will be looking at Russell 2000 futures after shooting right up to down trend line today.  While some have been calling for the S&P and Dow to confirm the down move seen in the Russell, there now exists the very real possibility the Russell will rally to make new highs to match those two, instead of the other way around.

The 1130 level (today’s close), 1140 level (the next resistance on the down trend), and the 1150 level (the mid April bounce highs) will all be key levels to watch in the saga which is small cap stocks…

(Disclaimer: Past performance is not necessarily indicative of future results)
Chart Courtesy: Finviz

Who will catch up to whom?? Stay tuned….