Daily Index Cycle update

US indexes saw a day of minor chop, but managed to claw moderately higher in the latter part of the day, sp +2pts @ 1967. The two leaders - Trans/R2K, settled +0.3% and -0.1% respectively. The sp'1990/2000s appear very viable next week.


sp'daily5

Dow

Summary

Suffice to say...the broader upward trend continues.

It could easily be argued that price structure is a bull flag, with a likely cycle floor of sp'1952. 
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a little more later...