The Russell 2000 futures have surged in the past two trading sessions, up 5% marking its best two days since the 5th of November 2025. This was on the back of a positive CPI report that showed inflation is in line with expectations. The price broke decisively above the 50-day and 200-day moving averages after a prolonged sideways range. This is a very bullish sign for the index.
The breakout rally over the past week has been sharp, leaving price extended in the short term.
The next major resistance lies at the all-time high zone around 2,477, meaning there’s still room to the upside before a key decision point.
The Russell’s relative strength vs. other U.S. indices means that there is small-cap participation in the broader rally.
Momentum & Indicators
RSI at 66.12 is nearing overbought but not yet flashing an extreme warning.
The rally has been fast, so a minor pullback toward 2,300 would be healthy before another leg higher.
Weekly Chart The weekly chart shows how significant the false break has been in GC with bulls still unable to push through. The recent ‘Failed Attempt’ to break above this level is beginning to show signs of exhaustion from the bulls. Immediate support is seen at the rising trendline, currently near the 1974.4 mark. A Read More…
Bulls are in full control as ES rallies on all time frames. Price hovers around the year-long trend line. Divergence spotted on the hourly chart. Last Weeks Analysis Spot On Last week we analyzed the potential for a bullish breakout of a small consolidating pattern and set targets at $4,000. ES ended up breaking out Read More…
Bitcoin Futures continue to fly as the cryptocurrency has secured a position among the top assets in the world. The recent move above $69,435 has traders considering the possibility of an extended rally, potentially reaching the Fibonacci extension level of $102,975, which may be the next cycle high. The Relative Strength Index on the daily Read More…
