Thursday 20 September 2018

The mighty Dow follows

US equity indexes closed broadly higher,  sp +22pts (0.8%) at 2930. Dow +251pts (0.9%) to 26657. Nasdaq comp' +1.0% to 8028. The two leaders - Trans/R2K, settled u/c and +1.0% respectively. Near term outlook offers choppy weakness into the Friday quad-opex.


sp'daily5



VIX'daily3



Summary

Suffice to add... new historic highs for the sp' and dow.
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The mighty Dow follows

Some grand perspective.... Dow, monthly


A new historic high of 26697. The next key fib' is 26702 (the sp' equiv' is 3047). Upper bollinger is offering the 27200s in the near term.
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