Small Caps(IJS) have been bumping up against a declining 200 day moving average for weeks.  This month, unlike back in February, the pullback from this key area has been very shallow.  Has the IJS softened up the 200 day enough to power past it?  Today’s impressive jobs report may have provided the spark.  A close above the April peak($155.20) would be a very bullish signal for this lagging index.