10am update - breaking higher

US equities open moderately higher, and we're close to breaking the Monday high of sp'1944. The 1950/55 zone seems likely by early afternoon, at which point we'll probably get stuck. Metals are trying to build minor gains, Gold +$3


sp'60min

sp'weekly8b

Summary

*for me, most notable...the weekly cycle.. where we now have a blue candle. A weekly close >1955 would be VERY bullish, and suggestive of a straight run into the 2000s.
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So, we're higher, with a break outside of the bull flag.

Lets see where we are by 11am.... bulls should be aiming for a break >1945...this morning.
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Notable weakness: M -4.5%, but offering an opening reversal candle.