sp'daily5
R2K
Summary
Suffice to say... powerful gains.. on day'2 of this new multi-week up cycle.
New historic highs are coming for ALL indexes.. even the Nasdaq comp' (March 2000 bubble highs WILL be broken over).
For the equity bulls.. this is an amazing way to end the year. For the bears.... its merely the resumption of the price action since spring 2009.
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*The R2K is due to get a 'golden cross' at the Friday open. A weekly close in the 1190s would be particularly bullish, and offer an attempt to break new historic highs (>1213) before year end.
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Closing update from Riley
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a little more later...