$IWM
Added 2023-07-19 08:50:35 +0000 UTCIndeed it appears that the Russell 2000, which is made up of Small Cap stocks in the US is about to enjoy its own run now.
In Subwave 3 of Wave 3 now and approaching the previous high at the blue line which is at $200, finally test and I don't think there will be any issue here.
We can see that the price is above the 200 Day MA and the 50 day is crossing through that now, also we can see that the 200 Day MA was a strong support over the last month.
This is a good ETF to add to your long term portfolio right now.
$IWM is behind the S&P, so I see it topping out in mid 2024, at 240.
Comments
Thank you
Steven
2023-07-19 17:54:58 +0000 UTC
