It’s been a week for the IWM 0.00%↑. Funny how these things happen . Presented below is a 20 year relative chart of the IWM 0.00%↑ to the SPY 0.00%↑.
Here are the sector weightings.
I’ll be taking a closer look at the component sectors, but the KRE 0.00%↑ caught my eye, as it’s a meaningful component that’s also up meaningfully on the week. It’s approaching an meaningful level of interest, presenting a long opportunity above.