May 27 2019 - Small & Midcaps In Trouble...

The Small Caps (IWM) & Mid Caps (MDY) are waving a big yellow flag for the overall stock market. The last time they broke down ahead of the 'Big 3 Indexes' (SPY, DIA, QQQ)... was in December and that led to a massive sell off. Keep an eye on the 200-day SMA on the 'Big 3'. If that fails, the bears get the edge on the daily charts, period.

We also review daily & weekly charts of AAPL, GOOGL, AMZN, XLF, IYT, SMH and more.

Happy Memorial Day!

Ron

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