It appears that small caps (and major large-cap stocks) are at a crucial point currently. The price breaking out of the bump-and-run pattern to the upside, combined with a neutral Fear and Greed Index, suggests a potential continuation of the bull run. The target is approximately $2,750, regardless of interest rate decisions. News about war has not significantly impacted the market so far.
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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.