Technical Analysis: Small Caps Hold Their Ground as Other Stocks Crumble

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The Russell 2000 had a sharp rally in late 2020 and early 2021. Now it may be setting up for a similar move.

Notice the triangle forming on the small cap index recently, which is interesting for two reasons.

First, it shows that prices are squeezing into a range. Ranges can be followed by breakouts.

Second, it shows that …

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Russell 2000 (IWM), daily chart with selected patterns, courtesy of TradingView.
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