US equities indexes closed broadly lower, sp -20pts @ 2045. The two leaders - Trans/R2K, settled lower by -0.6% and -1.1% respectively. Near term outlook offers the 2020/15 zone - where the 200dma is lurking. Sustained price action <sp'2K and >VIX 20 looks out of range in the near term.
Suffice to add... two consecutive down days for all indexes.
Clearly though, we remain very close to recent highs.
A retrace to at least sp'2020/15 - with VIX 18s, looks probable in the near term, but considering overall market sentiment/mood, sustained action <sp'2K, with VIX >20 looks out of range.
a little more later...