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