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The small-cap Russell 2000 index, represented by $IWM, saw significant gains on March 27, 2024, reaching its highest daily close since March 29, 2022. Various analysts and traders noted the strength in $IWM, with some predicting further positive movements and potential rotations in the market.
Small Caps $IWM getting ready to take out a 2-year high from March 29, 2022, of 212.25 - if that gets taken down, look out 👀 https://t.co/pvfXeaSHnG
At the break of 2023/4, I called for $IWM to be the star performed of 2024. It ties in to the below #bond market prediction = #Treasuries strength and easing. ✅✅✅ Both swing and intraday #trading clients know 👇 🦊 🦅 #LIVETRADINGROOM https://t.co/FugmbnoD38 https://t.co/olFAP3cipH
In Today's DailyRip: $IWM Is Back On The Menu Rate-sensitive areas of the market, like utilities, real estate, and small/micro-caps, all rebounded sharply today as bonds caught a bid. With one day of trading left in the quarter, everyone’s rushing to “window dress” their… https://t.co/nf19PNW2ug