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RizeSenpai
Mar 11, 2022 5:32 PM

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

iShares S&P SmallCap 600 Value ETFArca

Description

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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