Pizza Slice Recovery

Small Caps could be the big play going into end of the year. A real strong rate cut environment is going to benefit small caps more than large caps; today's negative ADP report for small business could be the ignition.

This 2025 channel since the liberation day sell off is providing a pathway to high 200s for IWM with a V-shaped (pizza slice) recovery complete. Pay attention to the FOMC meeting on Dec 10th.