2pm update - they remain..minor declines

The main indexes are holding minor declines of around 0.5%. Bears are trying to break the earlier low of sp'1740, but that will be difficult. Metals and Oil remain weak, but above their lows. VIX is showing a fearless market, up a mere 3% in the 13.70s.


sp'60min

Trans,daily

Summary

*just noticed, the tranny is building gains, now +0.6%. Very bullish indeed, the 7000s are due
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Regardless of how we close, the primary trend remains to the upside.

I realise, that is not what many want to hear..but that is how it is!
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Interesting price action in all the momo stocks, with FB -1.9%, TSLA -5%, but NFLX is seeing a minor rebound after yesterdays severe reversal, currently +1.5% in the $327s.
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