2022-01-18

Russell 2000 2pc Away From Completing Major Top

I have no call on timing, but only note that if ZB were to breakdown today, the Russell 2000 could follow today. A four-percent down day for the Russell 2000 would be a sizable move, but in the context of a bond breakdown, it's nothing. Whatever happens, we are less than 10 days away from a major move in the markets in either direction because selling pressure will intensify as that support approaches.

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