Small-caps bottomed in June with most stocks in the market.

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Small-caps bottomed in June with most stocks in the market. 

Do you know what's not evidence of a downtrend?

New 10-month highs.

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Take a look at all that resistance from 2018 and 2020 turning into support since the stock market bottomed last June:

And remember, some of the worst indexes made new lows in October, although for just a brief moment before ripping. However Small-caps did not.

Small-caps bottomed in June with most stocks in the market.

The path of least resistance remains up.

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