The Russell 2000 is facing a crossroads relative to the S&P 500 with its recent technical...

|By:, SA News Editor

The Russell 2000 is facing a crossroads relative to the S&P 500 with its recent technical behavior suggesting an upside breakout is likely, and Tom McClellan thinks it’s "usually a good sign for the overall market" when small-cap stocks lead big-caps. “Having a bottom arrive when it should, and at a price level that makes sense technically gives us more confidence," McClellan says.