Despite more than a 40% move off their lows, Micro-Caps still have lots of work to do... it will be important to see how price reacts to this area of potential overhead supply in the low 80's. This level is crucial as it represents the 2014-15 highs and 2018 lows. We saw the first try fail today. IWC has achieved a higher momentum reading than any of the Large-Cap indexes but still has not been able to hit overbought.