The relative strength line is still on the bullish side, but is moving up rapidly as the Russell 2000 seems to be breaking out of an Ascending Triangle on the weekly. December historically starts with some downward movement but closes in strength; keep a close eye on this ETF for some quick year end gains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.