Timing the market. IWM
What we know? Oil is likely bullish in 2nd Half (24'). BTC leads the small caps. TNX usually works as a head wind (and has took a pause). Rate cuts are very bullish for small caps and financials benefit in this environment?
technically; the 20dma works as a driver. 50dma and 200dma just gives you context. You can add MACD to confirm things.
Im speculating that small caps breaks out in mid April.
U can fact check using IWM/SPX.
technically; the 20dma works as a driver. 50dma and 200dma just gives you context. You can add MACD to confirm things.
Im speculating that small caps breaks out in mid April.
U can fact check using IWM/SPX.
Note
Rebalancing takes place end of quarter.Note
Other "knowns" was the Tax-filling deadline in APR 15. after a strong year rally. ie headwind and selloff pressure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.