Closing Brief

US indexes broke new historic highs in the Dow/Trans/SP, with the sp' settling +0.8pts @ 1897. The two leaders - Trans/R2K, settled +0.5% and -1.1% respectively. Near term outlook remains broadly bullish, to the sp'1910/20 zone.


sp'60min

Summary

*I hold long overnight, via a small IWM call block.
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Not the most exciting of days, was it?

All that can be said is that with another new set of index highs, the broader trend remains bullish. The daily/weekly cycles are highly suggestive of 1905/10 in the next day or two, but 1920s do not look viable until at least next week.
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more later..on the VIX