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RizeSenpai

Bullish Dragon with a 1.618 Max Target on SmallCap 600 Value ETF

Long
iShares S&P SmallCap 600 Value ETF (AMEX:IJS)  
RizeSenpai  
AMEX:IJS   iShares S&P SmallCap 600 Value ETF
Harmonic Patterns Chart Patterns Technical Indicators smallcaps IJR IJS russell2000 bullishdragon Bearish Crab BAMM Bullish Divergence
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harmonicpatterns chartpattern indicator smallcaps ijr ijs russell2000 bullishdragon bearishcrab bamm bullishdivergence
The Small Cap Value Seems to be in a much better position than the rest of the market and in the case that the market Bullishly Reverses we may see the Small Caps severely Outperform the Indexes. This could lead to the Small Caps making a Minimum 88.6% Fibonacci Retrace from High to Low and a Maximum of a 1.618 Fibonacci Extension before we have the potential for further downside.
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