Stocks & Déjà vu (to Nov 2021); Divergent Highs Likely ~November 25th
11/19/24 – “Stock Indices are showing some similarities to November 2021, particularly in the Russell 2000. The Russell 2000 peaked exactly where it did in Nov 2021 at ~2460/QR. So, too, did the related ETF (IWM) – briefly spiking above 240/IWM as it did in November ’21. It peaked while fulfilling converging ~4-week high-high-high-(high; November 11/12th) & ~1-month low-low-low-low-(high; November 11 – 13th) Cycle Progressions. […]
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