Glass Half Full or Half Empty? There wasn’t a whole lot to today’s action. The Russell 2000 had the worst of it, but it still managed to stage a small recovery into the close.
The index finished above support with technicals negative. A bullish rally would nicely set up a swing low and could see a run to test 1,414. Shorts would want to keep stops tight (measure risk) to the 50-day MA at 1,376.