Peet_Serfontein

Russel 2000: 200-day acting as major support?

Long
Above 2210 supports a bullish trend direction.
RSI leaves enough room for further upside price potential.
The 200-day simple moving average might act as major support.
Wait for the price action to develop further.
Trade remains risky.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.