The bull market in the US may be mature, but these indices show it is still intact
1,750. While this bullish action is in place and the uptrend is intact, a “buy the dips” approach remains appropriate.
The S&P500 has formed a similar triangle pattern recently and has broken to the upside too. If the Russell 2000 is leading the markets here one can’t rule out the possibility of the S&P 500 going on to new highs again this year too.
The bull market in the US may be mature, but it is still intact while the rising trend remains unbroken.