On CNBC's "Futures Outlook," Jeff Kilburg said he is looking for a short-term pullback in the Russell 2000 index because it has significantly outperformed the S&P 500 in the last six months.
He wants to be a seller of the March contract at 2,300 and he is looking for a dip down to 2,150. The long-term trend is higher so Kilburg wants to be mindful and place a stop loss at 2,350. At these prices, he is risking $250 to make $750.
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