I shared last week with Premium members that the SPDR MidCap Trust Series I Mid-Cap/SPY ratio appeared to be oversold, at support and looked to be creating a bullish falling wedge, which was a good place to go long (NYSE:MDY) with a stop below support.
At the same time it appeared that the Russell 2000 was in a similar bullish situation, as I shared that small caps were due a rally one week ago, a day before the key reversal wicks took place last Wednesday in SPY & TLT shared on Stocktwits.