STOCKCHARTSTV Ep. #66 | Small But Mighty – “Go” Trend in Russell 2000 | GoNoGo Charts (06.08.23)

9

June 2023

By

sfx

Alex and Tyler review the recent breakout from the downward sloping trendline of the Russell 2000 (IWM) and “Go” trend conditions on the daily basis, and neutral trend conditions on the weekly chart. Picking out several individual equities in the small cap growth space, they see opportunities in artificial intelligence, software companies and biotech shares ($AI, $VTSI, $BLND, and $XBI)

  • 00:00 Intro
  • 00:35 Greeting
  • 01:04 Blend Labs (BLND), S&P 500 ETF (SPY), iShares Russell 2000 ETF (IWM)
  • 08:46 10-Year Treasury Yield ($TNX), US Dollar Index (UUP), Gold Trust (GLD)
  • 13:06 US Oil ETF (USO), Bitcoin to US Dollar ($BTCUSD), S&P 500 ETF (SPY)
  • 20:10 C3.ai (AI), VirTra (VTSI), Blend Labs (BLND)
  • 26:21 S&P Biotech ETF (XBI)

LEARN MORE ABOUT THE GONOGO ACP PLUGIN

Tags:

#RelativeStrength $SPY $TLT $TNX $USO GoNoGo Asset Class HeatMap GoNoGo Heat Map GoNoGo Oscillator GoNoGo RelMap GoNoGo Sector RelMap GoNoGo Trend