The bulls close the week at new historical highs for the Dow, SP'500, and the R2K. The market has broken out, and it would appear a major new up wave - that will endure until Aug/September has now begun. Incredible, bizarre, twisted, but that..is how it is.
sp'60min
Summary
What to say about today?
The 1% decline on Wednesday is now a distant..and sadly...laughable fading memory.
A breakout...IS a breakout.
New highs can NOT be dismissed.
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I realise many won't like hearing it, but that is how I see it.
Regardless, I do wish you a good weekend.
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*next main post..late Saturday, probably detailing the US monthly index charts.