Russell2000 confirmed a base breakout above $2133-$2100

SmartReversals
07-27

Russell2000 $iShares Russell 2000 ETF(IWM)$ confirmed a base breakout above $2133-$2100.

It indicates potential upside beyond resistances at approximately $2288 and $2350-$2360, as well as surpassing the late 2021 peak of $2459, towards the upper target of $2620.

The surge in RTY stocks reaching new 52-week highs suggests that the RTY is likely to sustain this upward breakout.

$SPDR S&P 500 ETF Trust(SPY)$ $E-mini Russell 2000 - main 2409(RTYmain)$

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https://x.com/SmartReversals/status/1816825688319508664

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