US equity indexes closed moderately mixed, sp -2pts at 2086 (intra
high 2095). The two leaders - Trans/R2K, settled -0.9% and +0.4%
respectively. Regardless of any further retrace, the broader trend
remains bullish into the 2100s... and to new historic highs before year
end.
sp'daily5
Trans
Summary
*the 'old leader' - Trans, still struggling to break/hold the 200dma... as was lost in May.
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The sp'500 should comfortably hold the 2060s for the rest of the year... and my 'reasonable' bullish target is 2150/70 at year end.
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a little more later...
