Russell at key support

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Russell at key supportUS Small Cap 2000 CFDFOREXCOM:US2000FOREXcomSanta rally to start soon? Well, maybe. We have now had both the Fed and NFP out of the way, and not much else left except CPI report and a few CB meetings elsewhere. Among the major indices to watch is the Russell which is sitting at key inflection point here around 2520 area, marking prior resistance and middle trend of its LT bullish channel. Needs to hold this support, or at least the next one between 2460-2468 (marking the highs from Nov 2021 and Nov 2024, respectively). Bearish if it goes below that area. By Fawad Razaqzada, market analyst with Forex.com