12pm update - Transports breaks another new high

With the broader market on the rise, it is not entirely surprising to see the 'old leader' break a new historic high of 7925. The 8000s are now seemingly a given within the near term. Metals are failing, with earlier gains melting away, the miners are naturally turning red.


Trans, daily

Summary

Little to add.

Market is in melt mode...along with the VIX in the 11s.
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VIX update from Mr T



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time for lunch