hungry_hippo

Small Cap decision time

AMEX:IWM   iShares Russell 2000 ETF
Small caps have yet to confirm the market breakout, looks to me like it's waiting for the Fed meeting.

Depending on the rate decision, we're looking at testing the 2018 top or scrolling back down to support.

No position. Something is very strange wit this market, and the Euros keep pumping futures. Best to wait for the Fed meeting.
Comment:
Decision time coming up this month. One thing to note is that small caps haven't filled the Trump Tweet futures gap down from May, so there's a chance it might fill that then tank.

The market is once again pumping complete garbage stocks again, and they're all breaking out big. So good chance we break out of this giant bull flag.
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