By Brad Tompkins
I was running through some charts late yesterday and noticed that IWM (Russell 2000 iShares) is nearing an important support/resistance confluence zone.
The reaction over the next week or two will tell us more about whether or not we’ll see a year-end rally. So keep an eye on the small caps. See chart below.
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No position in any of the securities mentioned at the time of publication.
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