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Small Cap Stocks Review IWM

Published 06/20/2018, 03:50 AM
Updated 07/09/2023, 06:31 AM

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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