‘Russell 2000’ Archive

Small and Micro caps performing big, hit all-time highs

russellmicrocapalltimehighsjune22CLICK ON CHART TO ENLARGE

Even though the S&P 500 isn’t setting the world on fire performance wise this year, Small and Micro caps closed out last week at all-time weekly closing highs. The table below looks at performance year to date, reflecting that Micro and Small are acting big on a performance basis, compared …

Small is the new Big- Russell 2000 now facing historical resistance!



The Power of the Pattern shared last October that the Russell 2000/S&P 500 ratio was on multi-year support, as small caps had been weaker than large caps for the prior 10-months. The ratio on support was suggesting this pair trade- Long Russell 2000/Short S&P 500.

The lower right inset chart …

Small Caps working on breakout similar to Mid Caps!

mdyiwm161breakoutsmarch16CLICK ON CHART TO ENLARGE

I applied Fibonacci extension levels to the 2002 lows and 2011 highs in Mid Caps. The 161% Fibonacci extension level looked to create some resistance, as Mid CapsĀ chopped around this level for 5-months last year. Mid-Caps finally broke above this level and are pushing higher.

I applied Fibonacci to …