Remember December 2018?

5 year yields are even higher now, plus Powell is doing 3 rate increases in a row
- 0.5%
- 0.75% (yesterday)
- 0.5 or 0.75% July

I'll let you decide where small caps are going. My guess? Same level as December 2018, and that's if we don't wind up in a recession.

Close to oversold on the weekly though