Russel 2000 bounce from 200 Day SMA
Today we revisit a trade from what we suggested on 19th of Jan 2025. At that time Russel 2000 was hovering 200 Day SMA. Now from the 200 Day Support the index is bouncing back as predicted. Now the 20 Day SMA is trying to regain leadership and should be above 50 Day SMA soon. In my opinion this Small Caps rally might have legs for a few more weeks.
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