iShares Russell 2000 ETFPembelian
An upcoming broader rally?
The overall market thus far has been propped up by just 5 stocks
1) Apple
2) Nvidia
3) Microsoft
4) Meta
5) Tesla
It is no secret the market breadth is not that great.
However, IF (IFFFFFFFFF), this is a healthy uptrend that is supported by the economy, we should see the rally becoming broader. I.E. Funds should flow into mid-caps and small-caps. There should be a reallocation of funds from overbought big caps to the broader market.
Russell 2000 is a good start and should be monitored closely for such actions. We may see a rally to 200 or even beyond.
1) Apple
2) Nvidia
3) Microsoft
4) Meta
5) Tesla
It is no secret the market breadth is not that great.
However, IF (IFFFFFFFFF), this is a healthy uptrend that is supported by the economy, we should see the rally becoming broader. I.E. Funds should flow into mid-caps and small-caps. There should be a reallocation of funds from overbought big caps to the broader market.
Russell 2000 is a good start and should be monitored closely for such actions. We may see a rally to 200 or even beyond.
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Join our telegram channel to receive free analysis videos and timely analysis updates.
t.me/joinchat/AAAAAEpysoIiZLpAi-2kTA
Our Patreon link
patreon.com/nimbuscapital?fan_landing=true
t.me/joinchat/AAAAAEpysoIiZLpAi-2kTA
Our Patreon link
patreon.com/nimbuscapital?fan_landing=true
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.