Small Caps lead the way still.................

$SML (S&P600) Daily Chart @ Close 10/14/2013

The correction back to the 50day SMA reversed 'on cue' and continues its 'leadership' role in NOT participating in the more meaningful pullbacks witnessed in the benchmark indices (S&P500/ DJIA/ DJT).
When the Small Caps give us the 'sign'; then we'll be more confident of a deeper correction of gains, scored even in lieu of constructive debate in DC over budgets & Obamacare.