ChristopherCarrollSmith

Bullish divergence in small caps

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Small caps usually underperform the S&P 500, but they go through spurts of strong outperformance. They're currently in a very mature downtrend, but I'm seeing bullish divergences on RSI and MACD. I think they're looking pretty ripe for a surge. The next move above the 50-day MA could initiate a month or so of strong small cap performance.

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