$IWM, representing small-cap stocks, is showing relative strength as it approaches seasonal bullish trends typically seen in mid-December. Analysts note that after a period of rapid gains, a breather is needed for both growth and mid-cap stocks. Despite other indexes underperforming, $IWM remains positive, with some traders suggesting it is a favorable entry point. The index is currently testing its 21-day exponential moving average (EMA) support at 236, and there are expectations for a year-end push in small-cap stocks as seasonality shifts after December 15th. Economic indicators, particularly upcoming inflation data, are anticipated to significantly influence $IWM's performance, with a consensus that lower inflation could catalyze a stronger movement in small-cap stocks. The market is currently pricing in a month-over-month Consumer Price Index (CPI) increase of approximately 0.3%, but a lower figure around 0.1% could potentially trigger a notable rally in $IWM.