Tuesday, June 19, 2018

#Small Cap Stocks Review $IWM

Russell 2k Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Russell 2000 or small cap stocks' overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

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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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.