11am update - new highs all over the place

US indexes push significantly higher, with new highs in the sp'500, R2K, and Nasdaq Comp'. Bears are being routed after the mild hysteria of Monday. Metals are losing the 'fear trade' gains, with Gold -$13. VIX has naturally been smacked lower, -10%, back in the 14s.


sp'weekly8

Summary

Suffice to say...new highs...and by my count...another 11 trading days to go, in this ramp from sp'1737

As ever, I reserve the right to change my mind..if price action at the next FOMC does NOT look toppy.
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11.24am.. look at those gains in the R2K, +2.8%...with the Trans +2% or so.

Powerful day for the equity bulls, with VIX now in danger of slipping into the 13s.