US Market, Big Picture Updated

It’s time again for our ‘Gary’s too lazy to do short-term charts with all sorts of details and parameters’ big picture monthly charts of US indexes.

The S&P 500 popped back above the trend line from 2014.

spx

Dow is still below its line.

indu

NDX is dwelling in a sloppy (read: not bullish looking) pattern way up there below the lower high to 2000.

ndx

RUT looks even bearisher. But a pattern is a pattern and price is price. Two different things over the near-term. RUT is partying with everyone else right now.

rut

SOX has not yet broken the channel line.  A higher high to 2015 would load 930. Otherwise, the original target of 750 will have been it.

sox

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