sp'60min
sp'daily5
VIX'60min
Summary
Both the Dow and SP' are within 0.5% of breaking new index highs, which seem very viable today.
The transports and Rus'2000 are still badly lagging, and would take some weeks to break new highs, even if the current rate of trend continues.
VIX whacked lower, to be expected. Its showing a reversal candle this opening 30minutes, but thats not to be trusted.
The daily index cycles are due to go positive cycle late today or Monday, further upside is likely.
back at 12pm