If you want to be a Bear…
If you want to be a bear, I don’t yet, this is probably the chart to watch. The SMH/RUT. There are too many bears on the small caps and too many bulls on the chips to allow it to happen now.
Interest rates are a side issue, they are basically going nowhere.
![](https://eureka-perspectives.com/wp-content/2-14-24-SMH-RUT-1024x530.jpg)
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