blowThe Russell 2000 has been diverging from the broader market over the last several weeks, and now technicians point out it has flashed a bearish signal. For the first time in more than two years, the small-cap index has hit a so-called death cross. A death cross occurs when a nearer-term 50-day moving average falls below a longer-term, 200-day moving average. Technicians argue that a death cross can be a bearish sign. While traders have already been quite bearish on the Russell 2000 so far this quarter, no other major U.S. index is near its death cross. The small-cap index has far underperformed the broader markets during the quarter, falling 5.3 percent versus the S&P 500 rising 1.7 percent and the Nasdaq composite climbing 2.5 percent over the last 12 weeks. More