Closing Brief

The US indexes closed moderately mixed, sp +2pts @ 1799. The two leaders - Trans/R2K, settled -1.0% and +0.2% respectively. Near term outlook offers small opportunity for a retrace to the 1770s, regardless.. a new multi-week up cycle - from sp'1737, looks to be underway.


sp'60min

Summary

A very sleepy trading day to start the week.

Maybe if we're lucky, Yellen will give a few 'interesting' answers to some questions tomorrow, causing at least 'some' moderate price action.

Aside from that, there really isn't anything to add.
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more later..on the VIX