iShares Russell 2000 ETF

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

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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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