Small Caps Spring Loaded... But Which Way?
Smalls caps seems to be building a base in which momentum will play out sharply one way. The million dollar question is which direction that momentum releases. In instances like this I don't hate the idea of being long premium (straddle).
EMA stack is bullish so probability favors the bulls.
We will see how this plays out in the days/weeks to come.
EMA stack is bullish so probability favors the bulls.
We will see how this plays out in the days/weeks to come.
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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.