12pm update - a new set of historic highs

Whilst the sp'500 is +20pts @ 2121, there are far more notable gains in the R2K and Nasdaq comp', both of which have broken new historic highs. USD remains in cooling mode, -0.5% in the DXY 93.80s. Metals are holding strong gains, Gold +$12. Oil +0.5%, holding the $60 threshold.


Nasdaq comp', monthly'2

R2K, monthly

Summary

*The last of the main indexes has finally broken a new historic high... and it only took 15 years of waiting.
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With some of the indexes breaking new highs, the equity bears are facing major problems. Daily/weekly charts are offering further upside (if moderate) to the 2135/40 zone.

Considering that Greece remains on the edge of a default, and eventual Euro exit, today's gains could justifiably be deemed as just plain crazy.

notable strength: INTC +1.3%.. approaching multiple resistance around $32.50. I'm keeping an eye on it, but the main indexes are certainly not offering a choppy top... yet.
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*as for sp'500 and the VIX.. more on those later.

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VIX update from Mr T .


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time for a cool drink