2pm update - attempting new highs

The sp'500 is a fraction of a pt away from breaking the Monday high of 1808.10. However, the smaller 5, 15, and hourly index cycles look over-stretched, and prone to a daily close in the 1790s. The remainder of the day..could be kinda interesting. Metals remain weak, with Gold -$6


sp'60min (with metals)

AAPL, daily

Summary

*the R2K and Nasdaq, breaking new index highs.
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Overall.. broader trend remains strongly bullish, and with stocks like AAPL on the edge of a major breakout...you'd have to be crazy to consider a major top in the near term.

Once >536, upside for AAPL is Jan' high of 541 - easily hit, and then the 580s from Dec' 2012.
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sp'5min

Baring a break >1808...very sig' chance for late day weakness..much like yesterday. 5min micro cycle looks particular toppy.