Closed out the year with this note on IWM 0.00%↑ -
Pay Attention to Small Caps
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Small caps have been moving sideways for about 2 years. That might be changing. The has made a monster push, really since November, and looks to be positioned for more in 2024.
Small caps have been trading off since the calendar turn after topping out at a pretty logical area of potential resistance. Pause before the next leg higher? Possibly.