bullish•Russell 2000 Index•24 Nov 2022 00:53
Small- And Mid-Cap Indexes Poised to Break Out?; Further Upside Expected; Buys Within Cyclicals
Despite $IWM already hitting our price target at its 200-day MA/YTD downtrend, & the $SPX getting to within 1% of our target at its 200-day MA, we...
bullish•Russell 2000 Index•04 Nov 2022 06:59
SPX Pullback near Target with RTY Buy In
SPX dual top at 3,928 rolled just under the 3,950 top target. Break of wedge support was the touted trigger to add to our short group. 10yr 4.20%...
bullish•Russell 2000 Index•19 Oct 2022 04:39
Bear Market Rally Remains in Play; Russell 2000 (IWM) Short-Term Breakout; Buys in Banks & Insurance
A bear market rally (+10% from the lows) remains in play as long as the $SPX remains above its 200-week MA (3590-3600) and the $IWM remains above...
bearish•Russell 2000 Index•19 Sep 2022 06:16
Watch RTY Trigger for NDX New Lows
NDX remains our top US short but an inflection below RTY 1,775 pivot support will increase downside conviction for a hard NDX bear press to 11,500...
bearish•S&P 500•30 Mar 2023 05:12