“US Stock Market - S&P 500 SPX NDX & RUT Price Projections & Cycle Timing”
Russell index is weak and trending down due to interest rates; likely to bounce and fall again rather than reach new highs.
The reason for this depends on the charts that I will show you while looking at FEZ, XRT and the Russell indicator.
Let's look at Russell's index here; that tells a completely different story. The Russell index is much weaker. Hmm, some people are asking me why the Russell index is so weak, and why it is declining so sharply during this period.