US futures started the week in the green, however after the launch of the trading session at 02:30 GMT, sellers regained control. Russell 2000 (US2000) is currently the weakest performer among major US indices, with declines of more than 1%. Looking from a technical point of view at the D1 interval, upward move stalled at the key resistance at 161.8% Fibonacci retracement. If the downward correction deepens, then support at 2028 pts could be at risk. This level is marked with a lower limit of the 1:1 structure and local high from December 28.
US2000 interval D1. Source: xStation5This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.