10am update - new historic highs

US equities open moderately higher, with the sp'500 due to battle higher into the 1980s. Most notable already today, a new historic high for the Dow and the Transports. Meanwhile, precious metals are seeing major falls, Gold -$31, Silver -2.4%


Trans' weekly

GLD, daily

Summary

*VIX getting crushed, -5% in the 11.40s.
--

A fair bit to highlight, but suffice to say, a new week begins, and we've already broken two new historic highs.

There seems little doubt the rest of the market will follow... whether this week, or next.... it really makes no difference.


10.27am.. Yes, the R2K had an opening black candle on the hourly, but still...with new historic highs...I am dismissing it.

R2K could even turn briefly red...last weeks lows should easily hold though.