Small-cap Index and Stocks Rebounding: $TNA & $UWM ETFs to Follow?
@ETF Tracker:
According to @sentimentraderThis is the 24th time the $iShares Russell 2000 ETF(IWM)$ closed at a 52-week low, then surged to its best 4-day rally in at least 3 months. A year later, the small-cap index was higher 100% of the time with a median return of +25.6%.ImageIn Thursday trading we saw many small caps, but growth stocks jumped by 2 digital %.In the ETF markets, the $Direxion Daily Small Cap Bull 3x Shares(TNA)$ was up over 8% and ranked #2 on Thursday, while the $ProShares Ultra Russell2000(UWM)$ was up over 5% and ranked #9.On a 5-day basis, the $Direxion Daily Small Cap Bull 3x Shares(TNA)$ has gained 10.11%, and th