$TNA.US$ 38.30 is the 20-day moving average. we're almost th...

$TNA.US$ 38.30 is the 20-day moving average. we're almost there on a reversal pre-market right now typically you'll get profit taking we're not going to have a break out to the upside because all of the problems that created the sell-off are still there the economy is slowing that is a fact we don't know who's going to be in the white house that is a fact we still have Israel I ran tensions that is a fact consumer spending is slowing because consumers are tapped that is a fact. small caps to rally need two things they need lower interest rates well a quarter point half point cut doesn't do shit they need 150 to 200 basis points that's one and a half to 2% before they're going to refinance their debt at lower rates saving them any marginal significant difference in interest payments a translate into real money that either work towards profits or they can redeploy and invest in the business. additionally small caps need a strong economy well if we're going into a declining economy and that's why the FED will lower rates that contradicts the whole small cap trade because you don't buy small caps when you're going into a recession.