1pm update - weekly charts offering much higher levels

The main indexes are holding above the earlier breakout, and the sp' could easily close in the 1700s. Precious metals remain under severe pressure, with Gold -$43. Oil is weak, -0.9%, with the VIX -5% in the 15s.


sp'weekly8

GLD, daily

Summary

Interesting day huh?

Bears should be arguably waving the white flag, not least with the weekly/monthly charts offering significant upside into the 1750/75 zone later this month.
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I remain long...am underwater, but trying to be give this market the time it needs to push to new highs.