Small-caps should begin to bounce as Banks stabilize

Trend still bullish-  Expecting upcoming push back above SPX-4200 - Last week’s rally looks to be undergoing some early week consolidation.  However, wave structure on a short-term basis remains constructive, and should lead SPX back up to eclipse 4200 into mid-May while QQQ hits 328.  Only a decline back down under SPX-4062 would serve to postpone this rally.

Technology remains out of favor in the short run, and large-Cap Tech behemoths like AAPL and MSFT are now nearing resistance and should stall out into next week.

Small-cap underperformance vs. Mid-Cap and Large-Caps should be close to stabilizing and turning back higher, coinciding with $KRE finding a bottom and rallying.

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