Small Caps Confirm Bullish Trend For Stocks

"In my research, I need to see all four indices move in the same direction..."All four indices have now structurally completed a base, and are projected to move higher. You're at the top of the range and three of the four closed above their resistance except for the Russell. If that doesn't close above it in the next couple of days, it could lead to a negative divergencey, and you'd have a sell off,I do think it's real. I do think we've started to see a turn here. I would not be surprised if we pulled back a bit, but this time dips should be purchased. We've been seeing signs for about a month now. October 4 was the key day. Things have really improved technically since then," LaRosa said earlier this week." said Paul LaRosa, chief market technician with Maxim Group .