The Russel is on it's Way to New Highs

Recently, the Russell 2000 achieved a breakout from a sideways trading range that has been in place since March 2022.

Considering the macroeconomic environment and chart analysis, we believe that, despite today's retracement, there is no doubt that the index is on a direct path towards a new all-time high.

The two marked trade ideas provide opportunities for both conservative and aggressive profit-taking strategies.