Daily Index Cycle update

US equities closed a little higher, sp +3pts @ 2095. The two leaders - Trans/R2K, settled -0.1% and u/c respectively. Near term outlook is bullish, with new historic highs for all indexes due... inc' the Nasdaq Comp (>5132).


sp'daily5

Trans

Summary

Equities saw some moderate weakness in the morning, but as usual, the market saw something of a latter day rally.

New historic highs look due for all indexes in the coming weeks.

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Closing update from Riley


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a little more later...