RTY Overbought

Aktualisiert
Stay away from small caps.... overbought.

I think it might get a small gap up tomorrow based on previous rally (overlay), but definitely not worth chasing. Very close to resistance zone anyways.
Anmerkung
Hit the overlay target and very overbought now.

Maybe they're finally trying to close the RTY COVID gap from Feb, even then I would assume a pullback first.
Anmerkung
At resistance and overbought of course
Anmerkung
We'll find out if they can pump small caps without a stimulus:
investing.com/news/stock-market-news/dow-bears-return-as-trump-demands-end-to-stimulus-talks-2317325
Chart PatternsTechnical IndicatorsIWMrty

Haftungsausschluss