Stocks Analysis by Declan Fallon covering: S&P 500, US Small Cap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com
However, the setup continues to look bullish for both indexes. Technicals for the S&P 500 are net bullish, but the Nasdaq generated a new 'sell' trigger, although the latter is still outperforming relative to peer indexes.) has turned more range-bound, within a larger range. It lurks near 20-day and 50-day MAs, both of which are playing as resistance with the 200-day MA some way below.
For the coming week, look to the S&P 500 and Nasdaq to continue its advance and perhaps take the Russell 2000 with it. The bull market remains intact.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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