Small/Micro-Cap ETFs are the topic of today’s Trader Tip Video by Chris Vermeulen of TheTechnicalTraders.com. Small-cap stocks like the IWM and the Russell 2000 have had a strong rally, basing for a long time, and holding up very well. And now they are really popping and moving up.
Using the Fibonacci extension, we can see the small/micro caps are showing another potential 4% move to the upside. Overall, what is really important is that the small/micro caps tend to lead stock market rallies.
TO LEARN MORE ABOUT THE SMALL/MICRO-CAP ETFs – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.