RUSSELL 2000 Spearheading the next stock market run?
Russell 2000 / RUT closed the 3rd green day after hitting the Support A Zone that is holding since June 16th 2022.
This is turning into a major long term buy signal and will be validated when tomorrow the 1day MACD forms the lowest Bullish Cross since March.
Technically the bullish break out happens after the price crosses over the 1day MA50, but on a broader horizon, the current level is low enough to attempt a buy.
Target 2000 (bottom of Resistance Zone A).
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This is turning into a major long term buy signal and will be validated when tomorrow the 1day MACD forms the lowest Bullish Cross since March.
Technically the bullish break out happens after the price crosses over the 1day MA50, but on a broader horizon, the current level is low enough to attempt a buy.
Target 2000 (bottom of Resistance Zone A).
Follow us, like the idea and leave a comment below!!
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