RTY1!, Small Caps in the Breakout Mode

A strong bullish daily candle confirms the breakout of the significant resistance level. The small caps entered a balance breakout mode. Usually, that would lead to continuation pattern until the projected area top is not reached. The bullish pattern would help the S&P to move higher or at least to remain at the current prices. The small caps offer better upside reward. If you don’t trade futures you can trade IWM ETF instead.

05/03/2019