NQ vs 2xRTY Chart
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Alright so a couple of quick notes here, the June Nasdaq vs 2xRTY chart seems to be faltering at a very key level here. Now we know the big outfits take time to change their flows, but even they can’t hide it when it comes to actual positions affecting pricing. This area seems ripe for a few big names to start unloading on the crowded Tech vs all trade and we are seeing it uniformly today where by the R2k Small Cap index is +2.3% while the Nasdaq is -0.15% on the day. Here is the chart:
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