“However, the S&P 400 rebounded well by recouping all losses incurred during the financial crisis and making new record highs in a mere two years. Since mid-2011, the S&P 400 has traded in a rather choppy fashion which has helped define its current wedge-shaped trading range,” according to the website. “More recently, the S&P 400 has embarked on a sharp rally which has allowed it to break above resistance … and make new all-time record highs.”
S&P MidCap 400 Index
SPDR S&P Mid Cap 400 ETF
Tisha Guerrero contributed to this article.