Small Caps flipping the trend bullish
For those being patient this is where we can finally start to see some movement again. The 3 month bleedout wasn't fun and liquidity leaving to go into hedges/bonds/indexes didn't help it either. But one thing about high beta stocks is once they get going they start to become a lot of fun to trade.
In hindsight that was a pretty clean breakoutdown and trendreversal but the market previously was rebounding hard on on those dips so it looked like a dip until it wasn't.
Seeing the S&P 500 slow down and seeing the RUT/IWM ramp up will make Q4 a chance to outperform the S&P 500 and start getting some more aggressive gains. Just have to be patient and still want to see some confirmation or follow through after flipping the SuperTrend back to a buy.
