Minor losses for Small Caps offset by small gains for Large Caps
No great change for indices again. There could be an argument for a possible acceleration in the bullish trend for Large Caps and Tech Indices, but its not exactly convincing. On a positive front, technicals are in good shape across all indices.
The Nasdaq is in the process of building a relative performance advantage against Small Caps by the acceleration in the bullish trend.
The S&P just registered as a new MACD trigger 'buy', but the rate of gain is not the same as the Nasdaq.Until there is a trend break in the Russell 2000, there isn't much more to say on the indices.
You've now read my opinion, next read Douglas' blog.
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