US Small Cap 3000 at important level

4690
US Small Cap 3000 - RUA

Chart is approaching an important boundary

Pennant has clearly formed, compressing price

An upward sloping 200 SMA which is also acting as price support is a positive feature

Lets see how we deal with this diagonal resistance over coming weeks

PUKA
Note
Breakout of the pennant appears to be in motion

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