Smallcap

The Russell 2000 ETF...IWM...has been trading sideways between $138 on the top side and $135 on the lower side since early December.  The high trade was $138.82 on December 9th.  Today this level will probably be tested and they may finally trade out of this range.  They are overbought however, so they may have to consolidate some before decisively breaking through the resistance.