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Keith McCullough, founder and CEO at Hedgeye Risk Management, highlighted significant movement in the Russell 2000 index on the previous trading day.
According to McCullough, IWM rebounded by 2.6% from the low end of his Risk Range Signal assessment.
McCullough has previously commented on major index activity, noting when SPY surged to record highs during a Quad2 cycle. He has also emphasized the importance of precise execution for generating alpha in volatile market conditions. Both points reflect his ongoing focus on real-time risk management.