I opened
$iShares Russell 2000 ETF(IWM)$ ,Bought some iwm to dollar cost average as I believe the fed cutting rates will be bullish on small caps because small caps need to borrow money to grow and if interest rates are high they need to pay higher interest which will negatively affect their earnings. Price bounce off the 20 sma which is at $220. Next support is at the 50 sma $218
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