11am update - new highs

The opening minor gains have quickly built into somewhat significant gains, with the sp'500 decisively breaking into new historic territory. Further upside is expected, with a target zone of 1880/1920 around the next FOMC of March'19. Metals are also building gains, Gold +$13


sp'weekly8

GLD, daily

Summary

*I have little interest in the minor cycles today. I might stick with the bigger charts for rest of the day.
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The break above 1850 is decisive, there is no question about the break.

Even Cashin on clown finance TV just now was talking about 'wanting to see 1852'...which would secure upside for rest of the week...and I agree with that.

Upside into end month..and March is usually a strong month too.
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Transports +1.0%..almost in the 7400s...a good sign for the equity bulls. Maybe a weekly close in the 7500s.