Saturday 20 September 2014

Daily Index Cycle update

US equity indexes closed somewhat mixed, sp -1pt @ 2010. The two leaders - Trans/R2K, settled lower by -0.5% and -1.1% respectively. Near term outlook is for continued broad upside to the sp'2030s.


sp'daily5


R2K



Trans


Summary

*it was notable that the Dow, sp'500, and Trans all broke new historic highs this morning.
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Little to add.. the broader upward trend continues.
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a little more later..