sp'60min
transports, monthly
Summary
Another tiresome week for the bears. I suppose it could be said at least we have not soared 'to da moon', but still, everything - besides the tranny, is outright bullish.
If I sound despondent, its because I am. Why aren't ALL the bears shorting the transports. Clearly that's the only index that now seems 'allowed' to reflect reality.
With the transports breaking multi-month lows, to think that we have the VIX -2% in the 13s. sigh.
A little more after the close.