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US Small Cap 2000 Index
Long

Small Caps Oversold, Again

By DaddySawbucks
Updated
They got a beating 12/09, Tues gap filled EOD, RSI near oversold, expect turn higher soon, watch the indicators!
Comment
Gapping up fgs!
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This gap closed but SPY and QQQ remain above last session close. Sometimes that's all you get. Traded a bit into the red.
Trade active
Flipped calls on the lift after gapfill, not a very convincing lift IMO
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Hmmk after the gapfill it moves towards oversold again. This has been a leading indicator, starts to feel like another damned bear rally.
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Sold again but closed off LOTD and firmed up AH quite a bit. Might be a broader market buy forming, if bulls can defend this price level through FOMC
Chart PatternsgapfilledTechnical Indicatorsrsioversold
DaddySawbucks

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