Small caps went full out into the TACO trade, they pumped the crap out of retail today.
The other indices are acting as if the gap below needs to fill, small caps totally ignored it. That means it's got the most to go down if the gap does need to be filled.
Tomorrow looks like a pump and dump setup, RSI probably hits overbought, then reverses down.
The other indices are acting as if the gap below needs to fill, small caps totally ignored it. That means it's got the most to go down if the gap does need to be filled.
Tomorrow looks like a pump and dump setup, RSI probably hits overbought, then reverses down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.