Today’s Chart of the Day was shared by Jonathan Harrier (@jonathanharrier). Small-Cap breadth has been pretty weak lately. As of Friday, more than 35% of Russell 2000 stocks had been down for at least three days in a row. Jonathan backtested how the Russell 2000 has historically performed following this sort of weakness. There have been 24 prior instances in the past five years. One month later, the Russell 2000 was higher 75% of the time, for an average gain of 3.63% and a median gain of 3.94%. Check out the full backtest results here.