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markrivest
Sep 15, 2020 2:12 AM

RUT Now Stronger Than SPX Long

S&P 500 IndexTVC

Description

Since the current bull run began on 03/23/20 to 09/02/20 the RUT has been weaker than the SPX.
The decline from 09/02/20 to 09/11/20 - SPX fell 7.57%
RUT fell 6.78
If the decline from 09/02/20 was the start of a larger bear move you would expect the weaker Index - RUT to lead the way down.
That RUT is now relatively stronger than the SPX, is a clue the 09/02/20 to 09/11/20 drop is probably a completed correction.

Also note how today 09/14/20 the RUT outperformed the SPX for most of the day.

Typically late stage stock bull markets have a surge in small cap stocks. We could be witnessing the beginning of the small cap surge.

Mark



Comments
wolffarchitecture
Absolutely correct my man, right on as usual
markrivest
@wolffarchitecture,

Thanks for the compliment.
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