Chart of the day - US2000 (24.08.2022)

A recent upward correction on US indices has been halted in mid-August 2022. Taking a look at US small-cap Russell 2000 index (US2000) at a daily interval, we can see that the index climbed above the upper limit of market geometry at the turn of July and August but a subsequent upward move failed to gather momentum. Reversal occurred in the 2,035 pts area in mid-August and US2000 has been pulling back since. The focus now is on the 1,900 pts support area that houses previous price reactions, 38.2% retracement of the post-pandemic upward move as well as the upper limit of the aforementioned market geometry. A break below could hint that the downtrend is about to resume.

A key driver for US equities is the Fed's monetary policy. On one hand, recent data suggests that pace of tightening may ease going forward and it would be positive for equity markets. On the other hand, Fed's Kashkari said last night that Fed will only be able to relax on rate hikes once evidence of deceleration in price growth emerges. Powell's speech at Jackson Hole this Friday may shed some more light on the outlook.

Source: xStation5

2 October 2026, 7:38 AM

Chart of the Day: Sharp sell-off in China 📉 HK.cash posts its biggest decline since March (02.10.2026)

2 October 2026, 6:44 AM

Morning wrap: Strong Wall Street, weak Europe and Asia 🚩 NFP to test equity strength

1 October 2026, 6:47 PM

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 2:45 PM

US Open: Micron restores faith in the never-ending AI boom

Indices

Prefer XTB on Google

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days