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US Small Cap 3000 IndexUS Small Cap 3000 IndexUS Small Cap 3000 Index

US Small Cap 3000 Index

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U.S. Small Cap 3000 makes new ATH but U.S. Small Cap 2000 lagsU.S. Small Cap 3000 - TVC:RUA ✅A new ATH breaking above the Dec 2022 ATH U.S. Small Cap 2000 - TVC:RUT 🚨Continues to demonstrate relative weakness Light Blue by area on the chart 🔵 The U.S. small cap 3000 finally caught up with the other major indices such as the SP:SPX and NASDAQ:NDX as it previously has been demonstrating relative weakness failing to make new highs. That changed with the close of last week. The U.S. Small Caps 3000 index is inclusive of the large cap 1000 Index. The 3000 index also uses market capitalization-weighted methodology. This means the larger 1000 companies have a greater impact on the indexes performance. This may explain why the 3000 index is out performing the 2000 small caps index by a wide margin. The Small caps 2000 is a better representation of the of small-cap stocks/businesses whose market capitalization is about $250 million to $2 billion 🧐 So the 1000 Large-Cap stocks direct the majority of the small cap 3000 index's performance. The heavy spearhead of the index is the 1000 large caps. The S&P 500 Index tracks the largest 500 publicly traded companies, with exposure to 80% of U.S. stocks, compared to the U.S. Small Cap 3000’s 96% in U.S. Stocks 🧐 So the small caps 3000 index is a very concentrated index made up of primarily large U.S. stocks, even more concentrated by the S&P500 Divergence in Progress On this chart you can see that in Dec 2022 the U.S. Small Cap 3000 index made a new high whilst the 2000 index made a lower high. This was a warning signal at the time that prices were about to roll over. This is not a guaranteed signal however it is something to watch out for and it appears to be in progress again at present. We can add it to our armory of risk indicators that can, when used in aggregate, help inform us of probable outcomes (not guaranteed outcomes). One would hope the Small Cap 2000 would base here or make a new high. We can continue to watch these two indexes and see how they move together for an indication of things to come. You can find this chart on TradingView and hit play to see how they are moving in lockstep. PUKA
TVC:RUA
by PukaCharts
GENERAL MARKET INDICES REACT POSITIVLY TO FOMCFOMC DAY All Major Market Indices initially making progress higher and reacting positively to the the FOMC meeting. Whilst these are monthly charts I'm sharing the prices are updated as of moments ago. Main comments from Powell Today: 🔸TODAY AT FED MEETING MANY PEOPLE MENTIONED THEIR RATE FORECASTS 🔸THERE WAS A GENERAL EXPECTATION THAT RATE CUTS WILL BE A TOPIC OF CONVERSATION GOING FORWARD 🔸LITTLE BASIS FOR THINKING ECONOMY IN RECESSION NOW 🔸ALWAYS A PROBABILITY THERE IS A RECESSION IN NEXT YEAR The Charts What originally looked like a series of double tops now appear to be showing significant strength. The top 3 charts have a habit of letting us know where the market is going. At present that appears to be higher albeit the Dow Transportation Index is still lagging a little (Chart 1) and technically one would think this would be leading all others. We should still be on watch for a throw over double top, but for now we have nothing to suggest this is the case. If these markets can make support on the red line this could be good solid confirmation signal of price moving higher for longer 😉 Stay Nimble and congrats if your in the green PUKA PUKA
TVC:RUALong
by PukaCharts
RUSSELL, Decisive Situation, Important Conditions To Fulfill!Hello, Traders Investors And Community, welcome to this analysis about the recent events, the current price-formation and what we can expect the next days and hours from on of the major leading market-indices we have in the stock-market the RUSSELL 3000. As it is building 98 % of the US-economy with its 3000 major companies it is an important index which should be contemplated when looking on the overall stock-market-situation currently developing and in the end make better decisions in trading, as we saw the index going up since the heavy corona-breakdowns it is now on a historical step into confirming the further bullish trend or falling below important support levels to confirm bearishly. Compared to the S&P 500 the index is not that strong at the moment because the uptrend is not that volatile and with more breaks than the comparison index S&P 500. Right now the whole market is in a fundamental decisive phase, I made already analysis about this subject which I highly recommend you to watch when going on my account. When looking at my chart we can examine that the index now confirmed bearish two major trendlines which you can see marked in blue to the downside which showing up as solid bearish signals, the more trendline of such a sort are broken the more increasingly possible gets the bearish continuation possibility. Furthermore, we have the 60- and 800-EMA that you can see marked in orange and black in my chart which serving as significant resistance levels in the structure, currently the index is testing the 60-EMA and falling below it which can result in more bearish decline and a test of the 800-EMA, when this EMA can not hold and the index falls below it this will show one more confirmation to the downside. The next important support and the last line of support is the third rising uptrend line in blue which definitely needs to hold to establish solid support here and show the possibility for a bullish recovery and confirmation on the plan when this last support line does not hold the bearish pressure will increase heavily in the bearish ground you can see marked in my chart. The current situation is a historical situation where not only the RUSSELL but the whole stock-market has to decide in which direction it is going and as there is coming news about a second corona wave and new restrictions resulting out of it the remaining uptrend should be looked at with a critical eye, also this uptrend establishing is till now only a recovery where many stocks did not provide any new highs and a vast majority of the market is still below the all-time-high conditions, in comparison to the economy it has to be noted that there are big differences between the real economy and stock-market as the real economy is still damaged out of the corona-crisis and the stock-market making gains, to succeed further in this environment and providing possible new highs the real economy and stock-market have to gain simultaneously otherwise the rally will be a speculative driven rally, therefore, we should keep in mind a possibility to show more bearish pressure and be prepared on this scenario to profit out of possible occasions arising out of it. In this manner, thank you for watching, support for more market insight, and all the best! The high destiny of the market is to examine rather than to hypothesize. Information provided is only educational and should not be used to take action in the markets.
TVC:RUA
by VincePrince
3
Big Cap Tech over US & US over WorldThe way we see it, there are 2 major uptrends in place that are hard to ignore: 1. US over World 2. Mega-Cap Growth & Tech over everything else in the US This might seem quite obvious to some of us, but these charts are an important reminder nonetheless. Notice how these trends are nothing new, they've each been in place for almost 20-yrs and are showing no signs of slowing down. $SPX $DJIA QQQ VGK $SX5E XLK Read more about these trends in our latest post by clicking the link in our signature. And check out our recent chart of Apple in the related ideas link. They are one of the ring leaders of this Mega-Cap Tech trend, and guess what - price is pressing back towards all-time highs.
TVC:RUA
by allstarcharts