Everyone boasts about the 20% rise in small caps all the way up to the top. But once we get there what do we talk about, how the SPY is at all time highs and grinding higher.
$IWM is down 1.5 % this week and if the market takes the FED off the wrong foot could easily be down 4-5% in a week here.
DOW Up, SPY Up, QQQ Up, IWM Down…I am betting on the Latter
$132 better hold, and then I think you get a good buy spot around 127-128.