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.
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