Mar. 23 at 12:48 AM
Small caps are getting destroyed —
$IWM correction is here and the pain is spreading.
$ARE getting hit hard, down 3.58% to
$47.75, now sitting 6.93% below its 20-day SMA (
$51.31) and 11.10% below the 50-day (
$53.71). RSI at 36.20 approaching oversold. 52-week low is
$44.10 — that's your next key level to watch.
Rising yields are crushing rate-sensitive names.
$ARE bleeding -10.59% last month, EPS deeply negative at -
$8.44.
Watching
$44.10 as make-or-break support. No rush to catch this falling knife.
#Smallcaps #RealEstate #Correction
