sp'daily5
Trans
Summary
*Trans remains the big laggard, and remains under the old floor of the 8500s. First upside target is declining resistance in the 8700s, but that looks out of range for at least another 7-10 trading days.
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As for the sp'500, clearly, a day for the equity bulls.. but there still looks to be viable renewed downside to the 2080/75 zone within the next 2-3 trading days.
The 200dma is offering core support in the 2040s... with the giant psy' level of 2K unlikely to be broken for some months.
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Closing update from Riley
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a little more later...