Saturday, May 21, 2022

Small Caps Attempting Long-Term Breakout

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have underperformed large-cap stocks by a significant degree over the past 5-years. This weakness since the highs in 2015, has the Russell/S&P ratio hitting the lowest level in the past 15-years at (1), earlier this year.

RUT/SPY Chart

RUT/SPY Chart

The rally off long-term support is now attempting to break above dual resistance at (2), as momentum is the most oversold in 20-years!

If the ratio succeeds in breaking above long-term resistance at (2), look for small caps to outperform large caps stocks for a good period of time.

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