Will the small caps breakout from their yearly channel?

The IWM has been stuck in a sideways channel for the past year. With inflation fears and a rotation out of big tech, see if this sector can finally lead the market as it has done in the past. A move above 227 in the coming sessions opens the possibility for a massive breakout above 234. Remember that the bigger the base the bigger the move. The measured move if accomplished would take the IWM above 255