Closing Brief

Despite the Nasdaq being offline for most of the afternoon, the bulls still managed to solidify opening gains, with most indexes closing higher. The two market leaders - Trans/R2K, saw significant gains of 2.0% and 1.4% respectively. A bounce into the sp'1680s remains the target.


sp'60min

Summary

Well, that was kinda exciting to watch.

Bulls look strong enough to push the market higher into the 1680s across the next few days. I'd be somewhat surprised if we break yesterdays sp'1639 low.


*I remain on the sidelines, seeking an index re-short from the 1680s..with a mid-Sept' downside target of 1575/50.
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bits and pieces across the evening.