Thursday 28 August 2014

Daily Index Cycle update

US equity indexes closed moderately mixed, sp'500 u/c @ 2000. The two leaders - Trans/R2K, settled +0.1% and -0.2% respectively. Near term outlook is for continued upside melt into early September.


sp'daily5


Dow, daily


Summary

Little to add.

The broader daily/weekly cycles remain very bullish... with the giant monthly cycle especially bullish for September.

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a little more later...