sp'weekly
Summary
*1972... to 2072... wow. I should note, as of Tuesday night, I thought I was bold in seeking a weekly close of 2030/40.
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It has been a long week... there is little to add, that hasn't already been said many times.
*the only thing I would add.... eyes to the R2K... once it breaks a new historic high, it'll be a major signal of much higher levels. The setup is very much like the Transports in late 2012.. having trading sideways for an entire year.. it then exploded higher.. and never looked back.
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3.17pm... Powerful oil gains of 5.7%.. and this is really helping equities hold gains on what would normally be a choppy opex.
Notable strength, RIG, +8.3%.. a key mid term floor is in.