sp'daily5
R2K
Trans
Summary
Whilst the headline indexes were only moderately higher, it is highly notable to see the two leaders up so strong. The 1.8% gain in the R2K is pretty incredible, and we're on the edge of breaking new historic highs in the R2K. Weekly charts offer upside to the 1150/75 zone in early December.
As for the sp'.. upside target is 1815/25..which seems very viable across the next 1-2 weeks.
Equity bears...haven't a hope until next month, and even then, downside at best...3-4%.
a little more later...