Daily Index Cycle update

The main indexes closed mostly higher, with the sp +8pts @ 1790. The two leaders - Trans/R2K, closed +0.3% and -0.1% respectively. Near term trend remains outright bullish, and a weekly close in the 1800s is just about possible.


sp'daily5

Dow

Summary

Another new historic high for a number of indexes, inc' the Trans, Dow, and the Sp'500.
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The Dow chart is especially bullish, having been stuck for half of the year..it has decisively broken up and out. There is roughly a clear 10% upside into next spring, which will equate to Dow 17250 and Sp'2050/2150
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a little more later...