RTY1! - Weekly Market Update, 4/18/22

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Imaged is a WEEKLY chart of the Russell 2000 Index.

Price appears to be caught right between an area of support and resistance.

Price would either need to break through the TEAL structure to go lower, or rally through the BLACK structure to go higher.

The likeliness is the momentum of the larger indexes will pull this price action of the Russell along with it.

I do not see any actionable trade ideas with price residing where it currently does at this time.

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