The Russ 2000 (TFE) is getting pummeled. This is important for a number of reasons. It’s early in the day but this is not a market to jump in and by at the moment.
Be aware that even if we’re in the early stages of a 2-3% retracement, it is very unlikely recent highs won’t be revisited, at least by some of the indices. Stay tuned for more updates…
