Russell2000. Analyzing Current Trends: Navigating Limited Rises and Selling Pressure in the US Stock Market.
The current trend indicates a rebound with characteristics of limited or temporary rises, suggesting a selling strategy during upward movements due to increased selling pressure. However, during periods of temporary strengthening in buying pressure, selling may be less effective. If there's a potential for the trend to turn bullish, adopting a "Buy and Hold" strategy is advisable. Conversely, entering a downward trend presents a strong selling opportunity due to heightened downside risk. Apr 08, 2024 Russell 2000 closing price 2,070.1 0.32% ◆ [Long-term strategy] The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Wait. The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward mo