Patterns suggested over a month ago to “Buy the Mid-Caps” on a breakout. See pattern suggestion on 1/11 (see post here) Below is an update on the MDY ETF.
CLICK ON CHART TO ENLARGE
CLICK ON CHART TO ENLARGE
Game Plan…Continue to buy breakouts. Am continuing to own MDY with a stop just below the all-time high breakout level in the chart above. Decent yet not outstanding relative strength is taking place in MDY compared to other key U.S. markets over the past month.
