$IWM
Added 2024-05-17 19:13:42 +0000 UTC$IWM has been moving well since bouncing on the 200 Day MA, just above the 0.38 Fib
It has not made a new high yet above $212 so we can not rule out a consolidation sideways here yet but the price action continues to follow our chart and this has not changed in some time now.
A break to a higher high would make the small cap sector very interesting and has some distance to catch up with the S&P 500.
Comments
Not one time in the history of rate cuts has the equity market gone up, it has always led to massive declines directly afterwards.
Nathan Williams
2024-05-17 22:31:58 +0000 UTCIโve already heavily invested. Rate cuts will be the catalyst
Steven
2024-05-17 19:29:42 +0000 UTCWooah nice thx ๐
px
2024-05-17 19:15:48 +0000 UTC
