Can The Small Cap Index And The Transportation Sector Hold Key Support? – Investing.com

Can The Small Cap Index And The Transportation Sector Hold Key Support? – Investing.com

For the small-cap iShares Russell 2000 ETF (NYSE:), $226.69 is an important level to hold as it shows the index can sustain itself over its main consolidation range dating back to early April.

On the other hand, the Transportation sector—iShares Transportation Average ETF (NYSE:)—along with Retail—SPDR® S&P Retail ETF (NYSE:)—are not far from their 50-Day moving average.