Daily Index Cycle update

US equities closed a little higher, sp +5pts @ 2081 (intra high 2086). The two leaders - Trans/R2K, both settled higher by 0.7%. Near term outlook remains very mixed, whilst the market remains stuck between resistance of 2088/89 and the recent low of 2039.


sp'daily5

Nasdaq

Summary

Little to add

Just another choppy day in market land.. with the sp'500 stuck within the 2089/39 zone.

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a little more later...