Small Caps Breakout
Janet Yellen signaled the not to surprising start to interest rate hikes, and markets along with EURUSD, rallied on the news. Best action was to be found in the Russell 2000. It managed to break key resistance and bank some distance from the year long consolidation. Today's action was excellent news for bulls looking for a new phase in the 2009-present day bull market; it's starting to look like 2015 will be the year for Small Caps.