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Russell 2000 Technical Analysis - We are going back to last year's lows

Last week, we got some risk aversion in the market as the tensions in the Middle East intensified. In fact, going into the weekend the bearish momentum increased as ABC news reported that the Israeli military got the "green light" to move into Gaza whenever it was ready. Since we haven't seen any ground offence over the weekend, we might see a relief rally today.Russell 2000 Technical Analysis – Daily TimeframeOn the daily chart, we can see that the Russell 2000 broke below a key support around... Read More

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Content Topics

Russell

2000

Technical

Analysis

Going

Back

Last

Year

Lows

Year s

Forex

Posted: Oct 23 2023, 05:57

Author Name: forexlive

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