The same leading indicators that served us so well today (from Friday's forecast for the Week Ahead) like pro-sentiment, are still calling for a move higher tomorrow which is still very much in line with this week's forecast of a couple days more of upside before turning to the reversal process which we may actually be in or starting now.
This doesn't mean relative performance will be any good, just that directionally probabilities are for a move higher tomorrow which is in line with the catching up the R2K / IWM has to do, note it is the strongest percentage relative performer today as it finally breaks above our minimum target published early last week.
5 years ago
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