Getty ImagesIs it just the dawn for stocks?Many analysts have voiced fears that the U.S. stock market’s march higher is overdone.One chart watcher, on the other hand, is suggesting the opposite. “The breakout could be just getting started,” wrote Jonathan Krinsky, chief market technician at MKM Partners, in a note dated Sunday.This view comes after Krinsky looked not at the S&P 500 SPX, +0.13% or the Dow’s DJIA, +0.12% 30 blue chips, but rather at the Value Line Geometric IndexVALUG, -0.20% , which consists of about 1,675 U.S. stocks.MKM The Value Line Geometric Index “assumes an equal dollar investment in every security and is re-balanced daily,” Krinsky wrote.“Geometric averaging provides a realistic representation of what the ‘average stock’ is doing,” he added.Value Line’s benchmark hasn’t been setting records this month, even as the S&P, Dow and other better-known indexes have been leaping to new highs. It is instead continuing to wrestle with milestones from the late 1990s.“The tickers for these 27 stocks are shown below via a snippet from his note. Deere DE, -1.33% , Dow Chemical DOW, -0.61% , Bank of America BAC, -0.05%and Carnival CCL, +2.23% are among the names making the cut. MKMThis story was first published on Nov. 28, 2016.More from MarketWatch