11am update - sp'1814 sure looks a long way down

It is barely 3 months since the key low of sp'1814, which is now almost 10% lower! The market is climbing at the rate of 10pts a week, 40pts a month (2%)...and looks set for the big 2000 level within 2-3 weeks.


sp'daily5

Summary

It is kinda scary how powerful this recent ramp from the April low has been.

Whether you blame it on stock buybacks... foreign capital in-flows, or plain outright 'Govt' meddling', we have a market that is strongly pushing higher.

If GDP Q2 (due July 30th) comes in least +2%.. the market will likely continue pushing higher across much of August.
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My train wreck is battling to push higher...

WFM daily

42s viable by next Friday? Oh well, I'll hold across the long weekend.