TraderBwater

More downside is needed for small caps

Short
NYSE:MHO   M/I Homes, Inc.
Don't be fooled by the 4.6% gain on Mar 28 (last trading day of March). Unless it is followed by another day of further upside, I believe that it would need to go down more to finish the WXY correction. The same pattern with the IWM and other small caps.

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