Daily Index Cycle update

The main indexes closed largely unchanged, with the sp' fractionally higher at 1744. The two leaders - Trans/R2K, closed +0.4% and -0.2% respectively. The broader market trend remains very bullish, and the sp'1800s look viable in November.


sp'daily5

R2K

Trans

Summary

A very quiet day to start the week, and the closing Doji candle on the sp'500 was somewhat appropriate.

No doubt, many traders are just waiting for the delayed Sept' jobs data.
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a little more later..