Microcap equites...

There was a lot of positive action in equities yesterday. One dynamic was the action in Micro Caps. Here is the Russell Microcap Index. It convincingly traded through and closed above the 430 level. This is right where it found a bottom in late September and early October. We'll have to watch this level over the next few days to see if it becomes support.

RMICRO Index (Russell Microcap I 2016-04-14 08-30-31.jpg

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