Tuesday 1 July 2014

1pm update - new highs for the old leader

The Transports - 'old leader' has broken a new historic high of 8278. The 8400/8500s look viable this month, which will likely equate to sp'1990s. VIX remains crushed, -4.5% @ 11.05. Metals remain a touch weak, Gold -$3.


Trans, daily


Summary

Little to add.

--

My own personal train wreck of WFM, +0.8%, but that is just not good enough, whilst the R2K is +1.4%.
-

time for the second half....


1.17pm.. R2K set to break new historic highs >1212..... incredible. What a start to July.