Russell2000 is navigating Limited Rises and Selling Pressure
$iShares Russell 2000 ETF(IWM)$ $ProShares Ultra Russell2000(UWM)$ $ProShares UltraPro Short Russell2000(SRTY)$ $ProShares Short Russell2000(RWM)$ $ProShares UltraPro Russell2000(URTY)$ $ProShares UltraShort Russell2000(TWM)$
The current trend indicates a rebound with characteristics of limited or temporary rises, suggesting a selling strategy during upward movements due to increased selling pressure.
However, during periods of temporary strengthening in buying pressure, selling may be less effective. If there's a potential for the trend to turn bullish, adopting a "Buy and Hold" strategy is advisable.
Conversely, entering a downward trend presents a strong selling opportunity due to heightened downside risk.
https://www.pretiming.com/2024/04/russell2000-analyzing-current-trends.html
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