sp'daily5
R2K
Trans
Summary
Most notable today, new historic highs in the Dow and the Transports. Without question, a new historic high is to be treated with high respect, and even though we saw the R2K briefly slip under the somewhat important 1150 level, the new highs are far more important.
Broader trend remains to the upside, and I expect the R2K to be breaking into the 1220s within the next 2-6 trading weeks.
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Closing update from Riley
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a little more later...