Funny, NQ was the only index to go overbought but small caps look weak AF. Garbage stocks dropping again if you're a bearish trader.
Note
RTY and garbage stocks all recovered, indicators show no direction but chart pattern looks like an inverted H&S.Note
No liquidity at all for small caps, especially garbage stocks. Even the smallest amount of futures selling sends the index down.Bearish on small caps. If you;re bullish, I'd stay away from them.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.