Russell Closes Below 50 DMA, Bad Breadth, Interest Rates Still Look Higher, The Crowd Believes
March 24, 2021 at 07:20 AM EDT
For the first time in 96 sessions, according to Sentimentrader, the Russell 2000 closed below its 50 DMA. This is important because the Russell has been leading this market higher, outperforming other benchmarks since the beginning of November 2020.