Daily Index Cycle update

US equity indexes closed moderately lower, sp -9pts @ 2107. The two leaders - Trans/R2K, settled lower by -0.5% and -0.6% respectively. Near term outlook offers a minor retrace to the sp'2060s, which will likely equate to VIX 17s. Broader outlook remains powerfully bullish.


sp'daily5

Dow

Summary

Little to add.


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Closing update from Riley


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a little more later...