Whilst US equities continue to build significant gains (no doubt helped by sig' QE of $3bn), there are far more important matters ahead. Argentina face Switzerland. Unquestionably, much of the world will be cheerleading the Swiss... not least the English, and those in Brazil.
*With new highs, I have adjusted weekly8b.
I'm starting to see late July as merely an opportunity for a sub'4...with further upside across Aug/early Sept. Certainly, the monthly index charts are all offering upside of a further 3-4%
VIX update from Mr P.
Time for kick off.. .Go Swiss strikers... go!.