Small Caps Stronger

08/22/2008 12:00 am EST


Thomas Aspray

, Professional Trader & Analyst

As the broad market dropped in June the small cap stocks (S&P 600) started to outperform the large cap stocks (S&P 500) as the RS chart broke out to the upside on 6.04.08. Since then the small caps have lost just 3% but the large caps are down 7.4%. IJR resistance at $66-67 with support at $60-62.

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