sp'60min
Summary
It doesn't look great for the bears. Price action remains broadly bullish, and with new historic highs in the Trans/SP, there is little real hope of even the 1960s.
Those recently touting the 1930/20s... should have been waving the white flag this morning.
--
back in a bit........
2.30pm.. the chop continues. Considering the broader market... we're probably churning out a bull flag/pennant.. might take another day to complete...
regardless..with the two leaders - Trans/R2K pushing higher as they are..... can't be short this.
Similarly, VIX showing no reversal... -7% in the 11s.