Relative Strength

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Our latest 5-star general, LZ, sent me four ratio charts this morning which he thought could provide some insight. In particular, he wanted to point out how the small caps ($RUT) seems to be poised to outperform the NASDAQ 100 and S&P 500.

Judging from the /RTY futures for the past few weeks, the small caps seem to be doing just fine, thank you very much. So well, that even the likes of Cathie Wood are succeeding.