Russell 2000 Poised to Test The Top of The Structure

Russell 2000 Poised to Test The Top of The Structure

The Russell 2000 is approaching the top of its structural zone near 2276. The bullish sentiment is driving indices to all-time highs and it could also propel the Russell 2000 higher.

On the daily chart, the price is nearing the 2276 level again. On lower time frames, a new bullish pattern is forming, indicating a potential continuation of the upward movement.

If the price surpasses the 2240 target, the likelihood of further gains increases, as shown on the chart. A move above this zone should push the Russell 2000 higher.

You may find more details in the chart!
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