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Giving the bulls hope for a continued run higher are the small caps (IWM) outperforming the...

Giving the bulls hope for a continued run higher are the small caps (IWM) outperforming the S&P 500 (SPY) for the last month (+5.9% vs. +3.2%). Relative strength in small caps typically leads the broader market higher, says technical analyst Tarquin Coe.
Comments (1)
  • I have been keeping track of this for quiet sometime in my blog check it out here:
    http://bit.ly/N9Yovd
    Specifically that chart is 2nd to last in that blog post.

     

    It is a very good bullish sign. However IWM outperformed a bit too much last week, might need a break technically.
    9 Jul 2012, 01:44 PM Reply Like
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