$SPXADP - Chart Link when divergences show
up, tends to market trade highs and lows, the recent lows has a
positive divergence with the Small Cap Advance Decline Percent
making a higher low vs a lower low on the SPX - the Small cap tends
to lead
Matt, I pulled market capitalization of US traded stocks. 88% of
them are large cap, and 3% are small cap stocks.
https://stockmarketmba.com/sizecategories.php. Small caps lead
when they are very oversold. The chart you showed indicates that
small caps are still expensive, so more selling will be needed for
them to become oversold.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
SPX vs Small Cap advance/decline %
Posted by matt on 25th of Mar 2023 at 12:58 pm
$SPXADP - Chart Link when divergences show up, tends to market trade highs and lows, the recent lows has a positive divergence with the Small Cap Advance Decline Percent making a higher low vs a lower low on the SPX - the Small cap tends to lead
Matt, I pulled market capitalization
Posted by junkie on 25th of Mar 2023 at 05:55 pm
Matt, I pulled market capitalization of US traded stocks. 88% of them are large cap, and 3% are small cap stocks. https://stockmarketmba.com/sizecategories.php. Small caps lead when they are very oversold. The chart you showed indicates that small caps are still expensive, so more selling will be needed for them to become oversold.