The small caps are getting squeezed between the 50-day and 200-day MAs; as TraderMike calls a "no-mans" land of trading.
While Large caps have the issue of January/March lows to look down to, and the 50-day MAs above:
The S&P has a little wiggle room at April-May lows:
Tech averages climbed into "No-mans" land; the March-May support trendline long since gone:
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website