Fresh data on the market breadth indicating this bull run is far from over even though the market kept making new highs. The McClellan Oscillator index just moved above the zero line and this is the first time since the end of last year, indicating the bull run is likely to continue ..........................
As the McClellan Oscillator is turning up from the zero line (as it is now) dips like this are likely to be bought quickly. I'd be prepared for new highs coming .................
Recent data indicating money has been moving from big caps into small caps ........................
And that means it'll be tough for new highs to happen which btw is really only the mag 7...
I see small caps offering more potentials than the mag 7 at this juncture..........................
