U.S. Small Cap 3000 - TVC:RUA ✅A new ATH breaking above the Dec 2022 ATH U.S. Small Cap 2000 - TVC:RUT 🚨Continues to demonstrate relative weakness Light Blue by area on the chart 🔵 The U.S. small cap 3000 finally caught up with the other major indices such as the SP:SPX and NASDAQ:NDX as it previously has been demonstrating relative weakness...
IWM is trying to break back out of the channel it's been in since April 2022. It broke out briefly in late December, but was rejected. This second breakout attempt looks promising, and usually leads to ATH after this much consolidation. Lots of earnings reports this week, but if the market holds up, small caps should have some room to run.
The IWM(Russel 2000 ETF) is consolidating in what looks to be a Bull Flag and if it breaks out the target would take us to the top of the macro Ascending Channel which would take us to the resistance zone of $200-$210. If I had to guess I'd say IWM could likely make its way up to that level by the end of next week.
Small Cap Stocks AMEX:SPSM AMEX:IWM are ready to make some big moves. Take a look at this chart AMEX:XLG Mega Cap and the AMEX:SPY The S&P 500 have both broke near term resistance an imply a move upwards. AMEX:SPMD Mid Cap and AMEX:SPSM AMEX:IWM Small Cap stocks should follow. Lead Lag.
Flip on financial TV and you will likely hear a plethora of sellside strategists and buyside portfolio managers voice optimism about small-cap US stocks. Consider that the iShares Russell 2000 ETF (IWM) was easily in negative territory on the year back in October. Fast forward just two months and the small-cap ETF is up close to 20% total return in 2023. The quick...
TUP broke out today on volume! AAOI 25% short float and getting its highest monthly close since 2018 IONQ Bullish potential pattern at play
While the small caps have provided fuel for a bull run in stocks to close 2023, they look to be running on empty when priced in gold. Since breaking down in late 2021, the Russell 2000 has previously tested the Ichimoku cloud 3 times, swiftly bouncing downward on each attempt. In tandem with price, momentum has been rejected by a resistance level of 60% on the...
I know everyone is getting excited about IWM as it's rallied a lot over the last couple of months, but I think it'll face some pain in the coming weeks before it really starts to outperform. I am of the mindset that everything has it's cycle and I do think that going into the next bull market, that QQQ and SPY will underperform relative to IWM. That said, I...
IWN on the reliable daily chart has been trending down for two in a descending channel as shown on the chart with upper and lower trendlines drawn with the tool. The Stochastic RSI oscillates in the interval between oversold and over bought and presently is well overbought at nearly 100. While the RSI may double top like it did in July, it is at least...
A dash for trash has been observed! Many participants are tryging to buy to and squeeze companies that have been beaten down and fundamentally weak.
Small caps have sprung back to life. The iShares Russell 2000 ETF (IWM) fell nearly 20% from its July 31 recovery high to a multi-year low in October of $162, undercutting the June 2020 mark of $164. Today, the move back up to $186 might feel like too much, too fast, but I see things otherwise. Notice in the chart that IWM actually went through a more than...
The US Small cap equities index - IWM - Russel 2000, has approached a massive level of polarity. This 160 level is where the old resistance has turned into support previously. Monitor for reversal and continuation upwards. A break of this level however could really cause massive technical damage. The bulls have their work cut out for them this week
Some high risk high reward stocks in watching. Small caps could get squeezy in the near term.
This is my prediction of how the chart will behave in the short-term during the current pump. Wadzpay Token is a very undervalued cryptocurrency with an unbeatable team and community. I am extremely bullish on the long-term for this project. This is only a very short-term analysis designed for any swing traders here. My long-term prediction reaches prices of...
We may see a retest soon. I'm speculating and buying calls expiring on 11/03. I may buy more tomorrow and Friday if price action helps. The ETF is clearly oversold and hitting a strong support. We might have a couple of green weeks in he near future.
The Russell 2000 has broken down from a Bear Flag that is visible on the monthly timeframe; at the same time, the RSI is breaking below trend and the MACD has flipped Bearish. If this goes like last time, it will result in a deep bearish retrace, perhaps all the way down to the $70s or even the $50s. One thing to keep in mind is that the Russell is heavily linked...
can keep stop at cls below 160 S CAN ADD AT DIPS . has potential to be multibagger is next qtr results deliver can fly , strict stoploss though
looks like a liquididty hunt below previous support, lets see if it can resume the old run , keep sls in check