Despite the recent volatility, the Russell 2000 just staged a powerful recovery. Looking at the weekly chart, the $249 level has turned from a "ceiling" into a very strong "floor."
When small caps lead, it usually signals high risk-on sentiment in the broader market. With the price holding above the blue 20-week MA, the trend remains firmly to the upside. 🚀
Are you betting on a breakout to new highs this month? 📊
When small caps lead, it usually signals high risk-on sentiment in the broader market. With the price holding above the blue 20-week MA, the trend remains firmly to the upside. 🚀
Are you betting on a breakout to new highs this month? 📊
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Going Goat: List 286. Next Target: 300 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.