Russell 2000 Makes 2 Year High
It was the last of the major indices to make a new 2 year highs the past few trading days. . .today it did.
And with this the market again proves just about everyone wrong as many called for the mid and large cap and technology stocks' lagging being a bearish signal.
Truth be told, it might still be that we drop lower from here, but 'traditional' analysis failed once more . . . as it has so many times the past two years.
Meanwhile bonds continue to sell off with the 30 year treasury bond future approaching meaningful support at 117. . . until it fails.
