The bigger picture of the Russell 2000 has a very bullish look to it, at least through a multi-month lens. In the near-term earlier this week we once again witnessed a bullish reversal, i.e. price could not be held down. With the January jobs report on tap on Friday, a case can be made that this may be the catalyst needed for a break higher in the Russell 2000.
Watch the short video here: https://www.youtube.com/watch?v=VqsBhj-hMdM&feature=youtu.be&hd=1