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finvizclub

$IWM/$MDY was leading the way prior to $SPY breakout...

Long
iShares Russell 2000 ETF (AMEX:IWM)  
finvizclub  
AMEX:IWM   iShares Russell 2000 ETF
Trend Analysis Chart Patterns Beyond Technical Analysis
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trendanalysis chartpattern beyondta
Before the SP500 climbed to new highs the small caps ($IWM) and mid caps ($MDY) were already leading the way. Overall, it looks like the indices are in agreement of higher prices to come. I think we might get some slight retracement in prices in the short term to develop a base before we start heading higher.
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