FYI: Small and mid-caps' recent lag has been turned on its head following strong gains in yesterday's session. Whereas most of these have been at neutral over the past week, today only the Micro-Cap ETF (IWC) has not moved into overbought territory, although it has gotten close to doing so. Small and mid-caps have seen the largest gains over the past five days and have also seen significant moves within their trading ranges as shown through the long tails in the Trading Range section of our Trend Analyzer snapshot below.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/trend-analyzer-7-25-19-big-moves-in-small-caps