Not exact matches
When the strongest stocks in the market (typically
small to mid-cap growth stocks) are convincingly breaking out to new highs ahead of the broad - based indexes, it is a very
bullish sign and the main stock market indexes usually follow suit.
Although all
signs point to prevailing
small and mid-cap strength throughout 2017, please keep in mind that
bullish chart patterns have a very low chance of success in bearish markets.
This is a
sign of
bullish price action and suggests that the leaders (
small cap) continue to lead the stock market higher.