sp'daily5
R2K
Trans
Summary
So..a touch of minor chop in the morning, but with gains building across much of the day. Certainly, equity bears continue to be ground into dust.
The fact we had $2-3bn of QE fuel no doubt helped 'inspire' the rally to a large extent.
*I remain on the sidelines, and considering the broader weekly/monthly cycles, I can't get overly bearish until at least the next FOMC of June'18. Perhaps we'll see a wave lower from there, but that itself might only be a few percent, which in my view is hardly worth attempting to trade.
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a little more later...