After consolidating for over a month, Smallcaps are starting to trend lower. Nothing too dramatic...just some natural action / profit taking after November's rally.
Microcaps seem to be breaking important support as they trend lower.$84.50 is an important level because it was the peak and an all-time high in June of 2015. It was also important resistance in November of 2016. This morning the IWCs are trading around $83.75.