sp'60min
Summary
I've adjusted the upward channel a bit (I'm really not too particular about changing it when necessary)..broader trend is clearly STILL to the upside.
Notable mover...
UAL, daily
The airlines continue to...fly. UAL especially looks strong for a few more weeks. The low $50s look a pretty easy target before the main market rolls over.
11.21am.. and...we're back in the 1850s again..which should again confirm to most that yesterdays break to 1858 was not a brief affair.
Hourly charts offer a daily 'best bull case' close in the 1860/65 zone. No doubt..the QE today is helping.