After a 3 day decline in the
S&P, the markets bounced right back. The
S&P closed within 3 points of the all-time high close, and the
DOW closed above the 16,000 mark for the first time ever. The DOW finished the session at 16,009.60
The Russell 2000 had a great day today as well, finishing up +1.80%. The Russell actually has the best performance out of the major indices year to date, up +31.8% on the year. However, the Russell has had a tough time breaking through key resistance.
The Russell 2000 can be traded using the ETF ticker IWM. If you look at a chart, 111.50 is the key level to watch.