Mid-Caps Still Stronger

03/16/2009 12:52 pm EST


Thomas Aspray

, Professional Trader & Analyst


Though the mid-cap stocks, as represented by the S&P 400, are still performing better than the S&P 500 since the November lows, the short-term action has been neutral. The RS has been range bound for the past four weeks and needs to make new highs to solidify leadership. A break of the RS uptrend would be negative.

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