Daily Index Cycle update

US indexes closed the shortened week with rather typical opex minor chop, sp -3pts @ 1836. The two leaders - Trans/R2K, settled +0.8% and +0.2% respectively. The broader outlook remains bullish into mid/late March, with target upside of sp'1880/1920.


sp'daily5

R2K

Trans

Summary

A pretty quiet week. Even the weakness seen across Wednesday afternoon wasn't particularly significant.

With the bigger weekly/monthly charts still broadly bullish, there looks to be at least a further few more weeks to the upside.
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a little more later..on what is another milestone for yours truly..