1pm update - equities building gains

The sp'500 is making a serious attempt to take out soft resistance of 2117. New historic highs are a mere 0.4% away. Meanwhile, USD is broadly u/c, but off the early morning low of DXY 93.13. Metals remain moderately higher, Gold +$9, whilst Silver is +1.9%. Oil is cooling, -0.7%


sp'60min

Summary

It sure looks like sp'500, Dow, and a few other indexes are set to break new highs in the near term.

However, the two leaders - Trans/R2K, are badly lagging, and are a very probable early warning of trouble.

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notable strength: FB, +3.5%

daily

FB is seeing a key break through the 50dma...  daily MACD cycle set to see a bullish cross late today/early tomorrow.