Closing Brief

Market closed mixed across the various indexes. Tech was strongest, closingg up 0.75% or so, dow marginally red, but both IWM and SP' closed marginally higher.

Considering the opening losses of around 0.5%, today was most certainly another reasonable day for the bulls. Lets check those hourly cycles...


IWM

Dow

Sp'

Summary

Today was day'11 of this up cycle, and everything remains on track for sp'1350/60 by the Wednesday FOMC decision.

More later...looking at the VIX, daily cycles, and the bigger monthly outlook