RTY is testing the lower channel line.
RSI oversold, so we should get at least a one day bounce.
RSI oversold, so we should get at least a one day bounce.
Note
Note the timeframe, we've been in the channel since electionsNote
Remember, small caps tend to lead a market drop. Look at last year, it was the only index not to make a new high in Feb before the tankNote
Huge rotation into small caps again while everything else sells off, lol.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.