Recap for the day on $IWM small caps

Similar to $SPY $SPX today, the Russell 2000 broke away from its $2300 ceiling on decent volume

However

There is another instance of responsive sellers coming into the scene just above at $2330, second time within the week

This also happens to be the strongest cutoff for the month. Given how $DXY dollar is looking to converge toward $TLT $TNX bonds, it looks like an October 2023 scenario

Where equities sold off and bonds bottomed

More than that, we think there will be a push in large caps helped by $NFLX earnings ☕️
#iwm
#IWM #SPY #SPX