Having made a new cycle high of sp'2087, equities are set to lean a little lower into the close. Cyclically, a cooling phase is due - at least to the 2065/61 gap zone. With China GDP/production data due overnight, some of the bull maniacs might understandably be a little twitchy about holding.
Well, another day.. another new set of cycle highs.
Regardless of the exact close.. a day for the bull maniacs.
Now its a case of whether China can spoil the bulls party.. and begin some weakness that carries across into next week.
notable weakness: STX -19.8% in the low $27s.. as the buyers are not interested... the 22/20 zone looks probable.
back at the close.