The S and P 500, Continuous Future Schart

The three major indices, the s an p, nasdak and the russell, in terms of how they have relatively performed. A larger amount of these fang stocks are starting to actually break down and deteriorate in price. On page four, where i have the rustell two thousand the small cap indexit looks even more nous. There's certainly no technical sign of that as the economy is starting to come back into action. Now, based upon a narrative that you spoke about earlier this year, i think that if, in fact, the omacroning crowding out fears does end, we would have things like those mega cap cell phones getting suddenly to get money