IWM has tried 6 or 7 times, since 10/9, to get and close above the 116 level. It has not been able to do it. And now it lingers near 114, showing poor daily RS to other major indexes.
Meanwhile, the dollar has been pegged to UUP, and UUP has been pegged to $25 since February or so. Nobody can say US currency is in any way affecting this. (Smallcaps sometimes gain and lose RS based on strong/weak dollar.)
Guys, gals, this is serious, these little guys gotta get going. Market is stronger when they lead, (unless M2 is going crazy from money printing)...
vol surge, now should be a pullback here which if cannot make new low then bears are over. key time.
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