So far the Russell 2000 has bounced where it needed to.
On this very popular 0.5 Fib at $170 exactly.
This is the 7 time this support has held, so it is likely a traders dream to play this.
If the $SPY and $QQQ are starting to make their move higher, I suspect the $IWM will follow too.
The major variable here is the need to get above the 50 and 200 Day MA at $182 and hold for support.
Qubas
2023-10-10 21:13:54 +0000 UTCSteven
2023-10-10 19:29:00 +0000 UTCBee
2023-10-10 19:19:33 +0000 UTC