3pm update - another day of new historic highs

US indexes look set for minor chop into the close, but far more notable.. the Dow/Trans both set new highs. The R2K remains comparitively weak, but is still a clear 6% above the early May low. Oil and the precious metals both set to close with gains.


Dow'daily

Summary

Somewhat tired of so many people getting wrapped up in the minor chop.

Broader trend is absolutely clear.... bears are being teased day.. after day..... after day.
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Notable strength: RIG +1.8%, breaking above a bull flag, but more on that one..after the close.


3.27pm.., minor chop, with sp'1980.... R2K is back to red....

..in the grand picture... just another day to the bulls.