Market Summary: 6/27/15
The Russell 2000 index has reversed. In addition, the S&P 500 volatility has declined to pre-2008 crisis levels. We now have yet another potential reversal during or just prior to (or just after) a holiday week.
This is how the Russell looked when the reversal was identified.
Other notable reversals that occurred prior to, during, or just after a holiday week:
Updated IWM (Russell 2000), from time of reversal identification to the low: