Small Caps $IWM Show Strength Amidst Market Dips, Analysts Predict Rotation into $IWM

Small caps represented by $IWM have shown strength and green performance amidst dips in SPY/QQQ, indicating a positive sign for small caps. Analysts predict a rotation into small caps due to falling rates in Q3 and beyond. Profitable small caps have been underperforming $IWM for over two years. Recent movements suggest a rotation from winners to losers for the second half of 2024 after June OpEx, with $IWM likely to rise in Q3. Sector rotation is hinted at with $IWM showing green alongside red in $NVDA and green in $SPY. Classic rotation is observed with $IWM, $XLF, and $XBI performing well as tech and $QQQs face pressure.