Closing Brief

It was a particularly bullish day for the US equity market, with new historic highs for most indexes, sp +12pts @ 1973 (intra high 1978). The two leaders - Trans/R2K, settled higher by 0.7% and 1.1% respectively. Near term outlook is bullish into mid July.


sp'weekly8b

Summary

*I'll refrain from posting the smaller hourly cycle to close the day, seems little point. The bigger outlook is bullish, and I think many are still getting lost in the minor noise.
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I've adjusted weekly'8b, basically pushing out sub'4 and 5 into Aug/Sept. Regardless of however you want to count this nonsense though.. the primary trend is unquestionably bullish.

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time for kick off.... Belgium vs USA.

A full daily wrap at 8pm EST.