Happy New Year everybody.
Nothing really new here. The NYMO cycle remains up.
I figure I will just put up this chart again.
SPX continues to tick above the big bull cycle logarithmic rising tops line.
Weekly RSI continues to show a bearish divergence.
So, maybe the bears will get to take a trip to the 2year moving average this year.
We shall see.
I remain long SPX and R2K with some scales taken.