Fundamental OverviewThe Russell 2000 last Thursday managed to break above a key resistance zone following strong US Jobless Claims and Retail Sales data. The market continues to fade the “growth scare” we got at the beginning of August and it’s now looking forward to the Fed’s rate cuts. In fact, the rate cuts into resilient growth should boost economic activity and risk sentiment which should be a strong tailwind for the small cap stocks. Russell 2000 Technical Analysis – Daily TimeframeOn the daily chart, we can see that the Russell 2000 got a boost last Thursday following the strong US Jobless Claims and Retail Sales data triggering some key breakout on the lower timeframes. The buyers pi
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