[isatrader]

Here's the weekly overview charts of the NYSE, Nasdaq, S&P 500, DJIA, Nasdaq 100 & S&P 600 small caps with their US Bullish Percent and Moving Average Breadth.

Note: The large cap indexes are approaching their previous highs and the breadth is near the top part of the range in those indexes, whereas the broader indexes still have room as are only just moving past their mid ranges, which looks due to the lag in smaller cap stocks recoveries. So we could see some volatility again as bears try to force the market back down again. If that turns out to be so, then it would be constructive imo for the bull case to see some sideways/pullback action in the large caps for a month or so, and then some rotation into the small caps instead. But as always the daily US watchlist will give a guide as to what stocks/sectors the volume is flowing towards, or not, if the bears manage to take control again.