sp'daily5
R2K
Trans
Summary
*We're in the magic box on the R2K, but I no longer expect a H/S scenario to play out.
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The current wave is a pretty powerful one, and we are indeed getting real close to the giant psy' level of sp'2000.
With the weekly cycles set to max out within the next few weeks, I'm somewhat suspicious that we won't actually break the 2000 level..at least for another month.
Regardless, there is ZERO downside power, and equity bears would do well to just sit on the sidelines.
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Closing update from Riley
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a little more later...