The main indexes are holding moderate gains, and it won't take much of a push for the bull maniacs to attain a weekly close in the 1690s. Meanwhile, the bigger monthly charts are offering September upside into the 1715/25 zone.
sp'monthly
Summary
*not much going on...hence I'm throwing out a monthly chart!
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Certainly, if the market can cope with the FOMC next week, there is now no reason why September will not close somewhere in the 1715/25 zone...which of course would be new historic territory.
I did stray onto clown finance TV earlier, and it was noticeable that they weren't generally that confident in mood.
Although they were all in love with some watch. which cost a million $, but which looked ugly as anything. Maybe I can find the video on it...
Ahh, here is it....ugly over-priced watch...
Now thats bullish!