Russell 2000 with an Objective of 740 ($RUTX $RUT $IWM)
The Big Picture:
Russell 2K broke its Head-and-Shoulders neckline and has a theoretical price objective of 740.
The Short-Term Picture:
haDelta displays a very timid bullish crossing, deep in negative territory. Any upswing has potential to hit the downtrend resistance. That moment may correspond to the index going back to the neckline. A bearish picture here…