42 Days since a New $RUT high.. is it over?

I did a little research looking for times when the $SPX was making new highs but the $RUT was in an extended period of correct.  I found this Bull market take off In 1995..  It is interesting that it aligns almost exactly to the day of the year.

What our $SPX vs.. $RUT look like now – Currently at 42 since the $RUT has made a new leg-up high:

In November, 1995 it took 52 for the $RUT to correct while the $SPX made anemic new highs.

Of course one big difference in 1995 was the un-employment was waning (down to 6.5% from a high of 7.5%).  But it has happened.

 

 

-http://ttthedge.com