I am not seeing any concerns here on the Small Caps chart, price is holding comfortably above the 0.5 Fib and in between the 50 and 200 Day MA, bulls would like to see the 50 Day MA get converted to support at $229 and then there is a clean route back up to the blue line again at $245
RSI is showing a positive move to the upside and MACD is more bullish with a clear reversal signal and positive bullish momentum.
Stick with this if you are holding.
Atish Shinde
2025-01-08 11:26:43 +0000 UTC