sp'daily5
R2K
Trans
Summary
It never fails to amaze me just how powerfully bullish the R2K is. Sub'1000s are now a clear 11% below..and I dare anyone to suggest we have any hope of a decline >7% before the late spring.
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With it being a holiday week, price action is quiet, but overall..there is fair chance for some further weakness into Friday - which is itself a half day.
Right now..best guess...bears manage the 1780s early Friday..but then... up up up!
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a little more later...