Why We Probably Haven't Seen the Last of RUT 1,100
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For another angle on the price action in small-caps, see my analysis of IWM's year-to-date returns.
It would not be shocking to see small caps chop around this level for a couple more months (before the January effect) especially since they have given up their leadership role (relative to the S&P 500 Index) since piercing the 1100 level on the Russell 2000.
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