sp'daily5
Trans
Summary
*most notable aspect of today, and perhaps of the entire 9 day rally... the Transports broke a new historic high.
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So... the broader market continues to rally... and with a new historic high for the Tranny, it bodes well for the bulls.
Even if the market reverses from the FOMC tomorrow afternoon, there would seem more likelihood of flooring in the low 1900s.. than of breaking through it. For many.. not least yours truly... it is not the most pleasing of thoughts.
As ever though... one day at a time.
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Closing update from Riley
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a little more later...