Tuesday, April 9, 2013

IWM April 9 2013

IWM theslayersmarketthoughts.blogspot.com

The chart is a bit messy, but you can make everything out if you give it a look. The bottom line is that the small caps are underperforming big time. Small caps, the saying goes, tend to lead the overall market. I didn't mark it on the chart, but remember we still have a gap to fill way down there.I wouldn't bet my last dollar that we'll close it soon, but then again, I wouldn't bet it that it won't, either.

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