Daily Index Cycle update

The main indexes closed moderately higher, with the sp +7pts @ 1798. The two leaders - Trans/R2K, closed +0.7% and 0.4% respectively. Near term trend remains bullish, and the current wave looks set to reach somewhere in the sp'1810/30 zone within a week or two.


sp'daily5

R2K

Trans

Summary

There is little to add..trend is strongly to the upside...and next week will likely see further gains. The price action/structure in all indexes is very bullish.
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a little more later....