Looks to me like RSI needs to go oversold before it gets a bounce. In the meantime we have that sector rotation I was talking about earlier this week.
I think small caps reverse as soon as RSI hits oversold. This market is pumptarded.
Comment:
Market now pumping everything except autos. Even garbage stocks starting to recover.
No shorting until next week. No earnings until July. Boring stuff.
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I think small caps reverse as soon as RSI hits oversold. This market is pumptarded.