Closing Brief

The main indexes closed the week with some typical opex price chop, sp -7pts @ 1838. The two leaders - Trans/R2K, both settled lower by -0.4%. Further upside looks likely next week, target remains 1860/80.


sp'60min

Summary

For many..not least yours truly..it has been a..difficult week.

Each point higher..each little rally..seems more annoying, and ever more painful that the previous one. Hell, I've not even shorted this market since last summer, and it still bugs me.

The US equity market is CLOSED next Monday, so we have an extra day to focus on less stupid aspects of our lives.

Have a good weekend....if you can.

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the usual bits and pieces to wrap up the week..across the evening.

*the weekend post - late Saturday, will be on the US weekly indexes