SamSuka
The Long Investor
The Long Investor

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$IWM

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

$IWM

Comments

Will definitely enter if there is a pullback. Tom Lee also said Russel2000 will up 50% this year.

Peter Mocca

Small caps!!! Will run

Steven


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