An update on the progress of the smallcap index. Although the smallcaps have lagged the larger caps lately, they still are closer to all time highs on a longer term.
The chart still looks good. I won't be surprised to hear more talk of "triple tops" by the MSM.
For the long term investor it would be wise to be long if these markets get to alltime highs. There are no guarantees tho, there are many headwinds blowing. Timing is important. As is money management/positions size management.