The Russell 2000 Index ETF (IWM) is evaluated and five stocks from the index are profiled. Two re-accumulation structures have formed since the March 2020 low. Point & Figure counts are evaluated. Now the Russell 2000 appears to be nearly completing a re-accumulation structure. Five IWM component stocks are evaluated for price structure, relative strength trends, and cash flow characteristics. The ‘Chaikin Money Flow’ indicator (CMF) is introduced as a confirmatory indicator of an emerging trend .
Symbols profiled: IWM, BBBY, STAA, BCPC, WING, CDNA,
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