SMID vs Large Caps

JSE Small and Mid Caps (EW) vs Large Caps | The relative out-performance of SMID Caps versus Large Caps continues with the ratio chart showing the price continuing to steepen on a multi-month basis. It has regained it's pivot and trades just below "R1" with the price being supported by rising 20 and 50-day moving averages. The RSIs are moderately strong to strong while the MACD is in a bullish regime. Look for the ratio price to clear 2.00 as a trigger for further advances.