Even though this seems to be counter-intuitive, such a development could be bearish for the S&P 500.The full post can be found here.
How the small cap breakout could be short-term bearish
July 17, 2024 at 16:18 PM EDT
Mid-week market update: Small cap stocks, as measured by the Russell 2000 and S&P 600, staged convincing upside breakouts in the past week. Both small cap indices are now testing key relative resistance zones against the S&P 500. 
Even though this seems to be counter-intuitive, such a development could be bearish for the S&P 500.
The full post can be found here.
Even though this seems to be counter-intuitive, such a development could be bearish for the S&P 500.The full post can be found here.
