11am update - battling higher

US indexes are continuing to build (if slowly) gains, and a test of the 50 day MA of sp'1956 is imminent. Considering the price structure.. a break into the 1960s seem likely late today..or tomorrow. Notable weakness in Oil, -0.9%


sp'daily5

Summary

Without getting lost in the minor noise (urghhh)... daily cycles are now now turning positive.

Simply put... we're arguably only half way in the current up wave.

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*I continue to hold long, now seeking an exit in the 1960s.. whether late today..or tomorrow.
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Notable strength in DRYS, +2.6%

Weekly cycle...

The $4 threshold is starting to look a rather easy target.