May. 12 at 9:42 PM
If you are looking for a "steady Eddie" of markets, look no further than the Russell 2000 (
$IWM) - no extreme moves, just steady gains off the back of decent technicals. Honorable mention to the Dow Industrials (
$DJIA), which may yet offer something similar for Large Cap fans. Bitcoin (
$BTCUSD.X) has reached its 200-day MA, and is in profit take territory. The Nasdaq (
$COMPQ) weekly channel resistance, dating back to July 2024 - the last time it got to this extreme relative to its 200-day MA. It correctly sharply then, but it was not the end of the rally. https://www.markets.fallondpicks.com/2026/05/russell-2000-offers-steady-gains-on.html