STRENGTH IN MIDCAPS

 from: yahoo.finance

Further evidence of the market's bullish sentiment: The S&P 400 midcap index <.MID> has popped above the 1,000 mark, an area of strong resistance since last year, according to Ryan Detrick, senior technical strategist with Schaeffer's Investment Research, in Cincinnati.

"It's a big area of resistance, but we have moved above this. If we manage to stay here, then the strength in the overall market will advance further," Detrick said.

"Historically, April has been a strong month so we can even see the market going up to 1,440, which is the high made in May 2008," he added.