Well, I will go out on a limb here. My feel of the markets lately is that they want to go up. This is at odds with what the talking heads are telling us on CNBC. Gartmann in particular yesterday was gloomy.
But any respite from Ukraine will send the markets soaring.
And small caps, despite being the weakest so far, seem to be wanting to rise over the last few days.
Perhaps just oversold, as they say. (I hate that term)