Below are charts of some US market leaders; some simply because of their price and momentum and others for those things and also fundamental reasons (like for example, the Banks w/ respect to interest rates and the Semi’s w/ respect to a booming ‘bookings’ situation’ in the Equipment segment).

A long-standing target for RUT is 1350-1375.  That goes back about 2 years using monthly charts.  Now the daily is pretty much in agreement as the pattern measures 1340 (assuming the breakout holds).

Unlike the RUT, BKX is nowhere near blue sky. But it has recently worked its way into a leadership role.

Here’s the long-standing NFTRH BKX-SPX leadership chart (weekly) with long-term yields.

Internets are on the verge of cycle highs, but like BKX are not near blue sky thanks to the internet bubble a decade and a half ago.

As a leader the SOX is underwhelming lately, but as noted above it’s ‘equipment’ sector is still very strong, which as of today continues to bode well.

Here’s the latest Book-to-Bill data…

A viable plan has been that this bull market or at least his cycle could end in a manic expression of greed.  These and other momentum and leadership items would be guides to that.