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Small Caps Continue Their Bullish Momentum
Last week IWM and small caps continued to show bullish momentum with a long green candle up. I believe there will be more upside, and I have $233.10 as a key resistance target to monitor on the way up. Follow me on social media: https://linktr.ee/realchartchamp
Read MoreSPY and NASDAQ Rebound Headed into July 31 FOMC
We have a July 31 FOMC announcement this week, and the expectation is another pause for Fed funds rate. SPY has started to gradually rebound, and there is resistance around $549 to monitor on the way up. QQQ Approaching $472 Resistance QQQ is also rebounding as we approach the July 31 FOMC announcement. There is […]Read More
IWM Opens with a Bullish Gap Higher
While the S&P and NASDAQ have struggled, IWM continues to show more bullish momentum. Today IWM opened with a bullish gap higher, and is trading near the local highs around $226. IWM can continue to rally higher to the $233.10 target before facing resistance. Follow me on social media: https://linktr.ee/realchartchamp
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