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Archive for December 28th, 2022

Posted by Martin December 28, 2022


  The market acted as expected at first and went down, but then rec covered some losses and traded sideways on a low volume. It managed to hold the support levels:     My expectations for tomorrow (Wednesday) are positive and I expect the market to go higher. The trend forecast shows a strong rally Continue reading →

Posted by Martin December 28, 2022

Technical view: iShares Russell 2000 ETF (IWM)

  IWM is in stage #1. The index is trading in a wide sideways channel so far, and even if it drops back to the $165 level, the expectation will be the index may bounce back up. The chance is that the IWM (small caps) will outperform large caps next year. Expect the “January effect” Continue reading →