Bullish Dragon with a 1.618 Max Target on SmallCap 600 Value ETFThe Small Cap Value Seems to be in a much better position than the rest of the market and in the case that the market Bullishly Reverses we may see the Small Caps severely Outperform the Indexes. This could lead to the Small Caps making a Minimum 88.6% Fibonacci Retrace from High to Low and a Maximum of a 1.618 Fibonacci Extension before we have the potential for further downside.
IJS
Money Flow 1h Market Rotation IJS Outperformance Small Cap ValueJust My Market Rotation graph, 1 hour, including extended hours. This is graphing ETF performance divided by SPY, showing relative performance over time.
IJS - iShares S&P Small-Cap 600 Value ETF - Is really outperforming everything. Eventually this has to stop? Dividends are doing well too.
The only other asset class beating it is BTC (not graphed). BTC is the new inflation hedge and doing better than gold (also not graphed)?
ARKK is oversold because of "inflation." Let's see how far it goes.
Basically, these market conditions will persist until yields stop rising.