SP500 Mid Cap Stock Review

 

 

This cash contract has not seen new record highs since December 9th 2016. Unless a new bunch of Trump followers come out of their caves and bet on the Trump Bump, I can only see this Mid Cap grinding its way down.  The January rally was a three wave move and they have an extreme chance of getting completely retraced. 

Just to get back down to November 2016 lows, there are three gaps that have to get closed off, so anybody staying on the bullish side will get hammered hard, in the next few months.