A fifth consecutive net monthly gain, having broken a new hist’ high of 6699. Monthly momentum ticked upward, and is on the moderately high side. A monthly settlement above the monthly 10MA (6066), as the m/t trend is distinctly bullish.
Monthly RSI 73s is overbought, but we’ve ZERO sign of a short, never mind m/t ceiling/turn. We could cool to the 6100s in Oct/Nov’, and that still wouldn’t dent the m/t trend.
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