DJ Transportation Avg. & NYSE AD line have also broken out

Trend bullish - Expect rally up to SPX 4325 before possible minor stallout.  Pullbacks should be buyable when they occur for additional strength in June.

A late day rally let $QQQ regain most of Wednesday’s weakness, while SPX and DJIA pushed back to new highs for this week.  DJIA in particular, has begun to look far more positive in the last couple weeks, and now lies just 2% off former Fall peaks from 2022.

Large-caps showed...

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