After starting off the day on a down note, US equities have rebounded early on with all the major averages now in the green on the day. If the rally holds, the small cap Russell 2000 index is poised to close above its 200-day moving average for the first time since last August.
In a B.I.G. Tips report just sent to Bespoke Premium and Bespoke Institutional members, we looked at prior periods where the Russell 2000 broke an extended streak of closes below its 200-DMA and summarized how the index performed going forward.
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