1pm update - borderline for the bears

Equities continue to claw higher, with the sp' making a play to break above the resistance zone of 2085/87. Any daily close >2087 will negate any near term hope of downside. Monthly cycles remain a touch bearish... bulls need >2104.50 for a net monthly gain, and >2058 for a net quarterly gain


sp'15min

sp'daily5

Summary

Its getting somewhat tiresome.. as the market is going to close higher for the second consecutive day... the first time since Feb'17th - as clown TV are highlighting every 5 seconds.

All things considered, it ain't looking good for those seeking to launch a re-short.. even though we're at levels which last Friday would have seemed very attractive.
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notable gains, AAPL +1.8%.
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1,27pm... sp'2087.. and in terms of time.. we're due to expire.

Its a messy situation... with market mood not particularly based on anything of real substance.