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Small Caps Explode Higher, but Technical Setup May Be Falling Apart

Pelican Press

By Pelican Press,
in World News

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Pelican Press 0

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That was one strange day we just went through. Between the Trump/Musk war, the no-deal-for-Japan, and the BBB passing the Senate, there was a news avalanche that buffeted the market all over the place. The , sadly, went into full blown squeeze mode. I dumped my puts (7% loss) but re-entered just a simple short-***** on IWM at decently-high prices. Still, we have got to break back below the green…

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