The Russell 2000 might be breaking out for real this time

  • Russell 2000 up 2% today as financials rise
Russell 2000 weekly
Russell 2000 weekly

This is certainly the chart of the day. The Russell 2000 is far outpacing other US major indexes today after strong earnings from Wells Fargo. That has the financials-heavy Russell 2000 up almost 2% on the day but -- more importantly -- its at a record high and breaking above the major double top from 2021 and 2024.

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