Continues its impressive form here and has gone right up to our blue line which has been a resistance level all yer at $199.
We can see that the $SPY and $AAPL are getting close to their ATH lines too, so everything keeps pushing higher....some mega caps are struggling today which is probably fueling this rotation again but I believe any pull backs from the mega caps should be welcomed and taken advantage of.
The 1.618 Fib above at $226 here remains and I believe $IWM will continue moving in this direction with the overall market for the next 2 months
Peter Mocca
2023-12-14 22:34:04 +0000 UTCSteven
2023-12-14 18:03:40 +0000 UTC