2pm update - battling upward

US indexes are battling pretty hard for a positive daily close, although that will be especially difficult for the R2K. VIX continues to reflect a market that has no concern of anything, and will likely close in the red.


R2K, daily

Summary

*Notable weakness in Oil, -1.4%, whilst Gold is -$10
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So..2 hours to go, and that is plenty of time for net daily gains.

Again, it is highly important to keep in mind that the Dow and Trans broke new historic highs earlier this morning. On no basis can today be called as anything other than another bullish victory.

Notable strength, DAL +1.3%

Very strong across the year so far.