Closing Brief

The main indexes closed somewhat mixed, with the sp -0.4pts @ 1837, whilst the Dow slipped 69pts. The two leaders - Trans/R2K, settled +0.3% and unchanged respectively. The near term remains a little choppy, but with underlying upside still very much the case.


sp'60min

Summary

A quiet day...where was everyone today?
--

The price action today was yet another classic example of how the bears get teased every so often, with little drops of 5, 10pts..only to see the market turn right back upward.

Broader trend remains to the upside...a weekly close in the 1850s remains very likely.
---

the usual bits and pieces across the evening.