Closing Brief

The main indexes closed somewhat mixed. The Rus'2000 small cap, transports, and the Nasdaq Comp closed moderately higher, whilst the Sp and Dow closed moderately lower. The daily trends remain to the upside, and primary target of sp'1425 is only 1.5% away.


Dow'60min

Sp

Trans

Summary

A somewhat quiet Monday, there really isn't anything out there to push the market significantly in any one direction.

So, with the default immediate trend (since the sp'1343 low), we're still likely to battle upwards a little more.

Primary target remains sp'1425, best guess..by late Wed/early Thursday, with a strong reversal ensuing.
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bits and pieces across the evening.