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Russell 2000 Technical Analysis

Despite threats of two or more rate hikes this year, the Russell 2000 came back to like as the regional banking crisis subsided and strong US economic data is giving the market soft landing vibes. The market has been focusing more on the resilience of the economy rather than the risk of more rate hikes, so we should expect more higher highs as long as the data remains strong. Russell 2000 Technical Analysis – Daily TimeframeOn the daily chart, we can see that the Russell 2000 bounced back strong... Read More

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Content Topics

Russell

2000

Technical

Analysis

Forex

Posted: Jul 3 2023, 08:37

Author Name: forexlive

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