Small Cap Stocks Review IWM
Eric De Groot | Jun 20, 2018 03:50AM ET
Russell 2000 or small cap stocks' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix .
iShares Russell 2000 (NYSE:IWM)
Small cap stocks' tape (R2K Late Trip UP▲ 29), an late cycle Triple Up alignment, is 29 days old and highly profitable (see Matrix ). The high compression setup did anticipate an explosive upside breakout. How long will small caps outperform? A long time. The current rally is only 15 weeks old and it's BuST = -0.4. This suggests that rally still has a lot of time. It's time to track the market and stop listening to the talking heads. They do not understand what's going on.
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