Closing Brief

A very tiresome Tuesday, yet another day where we remained stuck just below the mid-Sept high of sp'1474 - although the Transports continues higher, along with the Rus'2000, both clearly headed for infinity


dow'60min

sp'60min

trans'60min

Summary

There is very little to say, the main indexes remain stuck, aside from the tranny/Rus'2000 both of which just keep on breaking new highs.

Its obvious to say, but either this is just a very extended topping formation (short term)..or its merely the market consolidating sideways before the next lurch higher.

Frankly, I'm really tired of this sideways nonsense, I'd almost prefer a brief snap to the upside.

Anything to end the current range!