Something for the technicians to have a look at is this chart from ukarlewitz noting small-caps...

|By:, SA News Editor

Something for the technicians to have a look at is this chart from ukarlewitz noting small-caps (IWM) have joined the industrials (XLI) and semiconductors (SMH) in slipping below their long-term uptrend line. Oversold in an uptrend tends to get bought, he says. It's a key time.