The institutions got the liquidity they were looking for and closed back into value, so expect a big move up into new highs. Volume is high on this reversal, the shorts are trapped and will be squeezed at the top. Buy any pullback tomorrow with a stop below the 68 level, target is 82 and beyond depending on how price reacts on the breakout. This is the season that small caps outperform large caps too.
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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.