Big Candle, Small Cap
StatsEdgeTrading
New month, new charts—and this one’s loaded. We just closed the fourth green monthly candle in a row on SPY, printing new all-time highs. But the real story? It’s what didn’t move the same.
Small caps (IWM) posted a monster candle—still below their 2021 highs, but outperforming large caps on a relative basis. Microcaps (IWC) broke out cleanly. RSP (equal-weighted SPX) joined the party too, signalling broader participation beyond the megacaps.
Under the hood: semis cooled off, defence took a breather, and small banks quietly led the charge. Crypto? Ethereum outshone Bitcoin with a possible bull flag forming—five green months straight. Solana’s curling up for a potential breakout.
This kind of internal rotation doesn’t scream panic. It screams structure. Add a falling dollar and the stage may be set for more upside—if crypto and risk-on plays hold.
Full breakdowns and portfolio updates are up for StatsEdge Pro members this weekend. If you’re not in yet…
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