Closing Brief

The main indexes saw some distinct weakness in the closing hour, sp +0.3pts @ 1802. The two leaders - Trans/R2K, closed -0.1% and +0.9% respectively. Near term is somewhat weak, whilst the broader trend looks very strong into January.


sp'60min

Summary

*for those watching the micro-action..that was a good example of how the 5/15min cycles can be useful to watch..especially for those 'toppy-spike' candles.
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Here is the 15min..with those spiky-top candles...and then the snap lower.

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As for tomorrow...should be lower..to the 1795/90 zone...with further weakness..early Friday.
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the usual bits and pieces across the evening