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RUT- Russell 2000 Mid Caps GOOD DAYS AHEAD
US Small Cap 2000 Index
Viés de alta
RUT- Russell 2000 Mid Caps GOOD DAYS AHEAD
Por AwesomeAvani
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31 de ago. de 2022
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31 de ago. de 2022
The RUT ETF crashed with the COVID market phenomenon but then recovered better and faster than the SPY in 116 % of price appreciation
in less than the one year that followed. Since then RUT retraced about 1/2 of that uptrend.
Presently on the weekly chart, the price is relatively stable. The RSI bottomed out in the oversold territory and is now in mid-range
with RSI above its Ichimoku cloud. All of this is positive or at least not the overly negative of doom and gloom.
I believe that it will soon be time to begin a dollar cost averaging into some long-term call options on RUT
as things are not as bad as the media, banks and large institutional players want to portray to retail traders and
investors.
Bearish Patterns
Bullish Patterns
Chart Patterns
Coronavirus (COVID-19)
Technical Indicators
Relative Strength Index (RSI)
russell
russell2000
RUSSELL 2000
Trend Analysis
AwesomeAvani
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