sp'daily5
sp'weekly8
Summary
What to say eh? Especially to those people who are STILL trying to short the ongoing hyper-ramp from sp'1737...
We're now...143pts higher (8.2%), across 21 trading days.
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Suffice to say...the upward trend continues!
Hourly and daily charts are offering the 1890s in the immediate term.
For the hyper-bulls out there, its important to note the monthly charts will be offering the 1940/50s by late March.
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Notable strength in the Trans, esp' the shippers.
DRYS, daily
*open air to $4.50/60..if not the big $5-00 threshold.
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10.02am..Yes, there is a black-fail candle on the hourly/daily DRYS, so...downside across the morning..but still. the weekly cycle is powerfully bullish - as is the BDI.