Russell 2000 Testing 1.5+ Year Resistance; Downgrading Communications; Steel Buys $NUE $STLD $ZEUS
⬆ $iShares Russell 2000 ETF(IWM)$ - Market remains in a "lockout rally" where prices continue to move higher with little-to-no pullbacks, while ignoring overbought readings -- as we have discussed since Nov. 21. Don't fight the trend
Continue reading on Smartkarma:- https://www.smartkarma.com/insights/russell-2000-testing-1-5-year-resistance-downgrading-communications-steel-buys-nue-stld-zeus?utm_source=tiger_community
By Joe Jasper, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/joe-jasper?utm_source=tiger_community
On iShares Russell 2000 ETF (IWM):- https://www.smartkarma.com/entities/ishares-russell-2000-etf?utm_source=tiger_community
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