Even though Wednesday's economic data was mixed, the stock market did not seem to care as stocks continued higher after Tuesday's upside reversal. The market breadth was 2-1 positive, so the short-term momentum remains positive. The S&P 500 was up just 0.38%, while the small-cap Russell 2000 was up 0.90%. The market analysis of the iShares Russell 2000 (IWM) shows signs that it may be ready to breakout to the upside. New longs were recommended for traders via a Tweet before the opening. Rare com...
Even though Wednesday's economic data was mixed, the stock market did not seem to care as stocks continued higher after Tuesday's upside reversal. The market breadth was 2-1 positive, so the short-term momentum remains positive. The S&P 500 was up just 0.38%, while the small-cap Russell 2000 was up 0.90%. The market analysis of the iShares Russell 2000 (IWM) shows signs that it may be ready to breakout to the upside. New longs were recommended for traders via a Tweet before the opening. Rare com...
Share this Article
Comment on this Article
Recommended
Please to comment