Russell 2000 Index, Weekly Daily Chart Analysis For Jan 4, 2021
Technical Analysis and Outlook
The small-cap Russell 2000 was the big star this week with a decent 5.9% gain. The index on its way to Key Res $2,112, and our Inner Index Rally $2,140 respectively, also, Outer Index Rally $2,180. The short term downside support is tapped at Mean Sup $1,950 providing an excellent ball out buying opportunity. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 4, 2021" at the usual site.
The small-cap Russell 2000 was the big star this week with a decent 5.9% gain. The index on its way to Key Res $2,112, and our Inner Index Rally $2,140 respectively, also, Outer Index Rally $2,180. The short term downside support is tapped at Mean Sup $1,950 providing an excellent ball out buying opportunity. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 4, 2021" at the usual site.
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.