Closing Brief

Equities opened weak, but with the morning reversal holding, most indexes closed in a particularly bullish manner, sp +3pts @ 1884. The two leaders - Trans/R2K, settled -0.3% and -0.2% respectively. Near term outlook remains broadly bullish into the sp'1900s.


sp'60min

Summary

Yes, the Ukraine is a very valid concern, but the US market simply doesn't much care about it.
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For now, the broader weekly/monthly trends remain to the upside, although yes...underlying price momentum is STILL weakening, and the equity bears do look set for a sig' wave lower..just not..quite.....yet.

Just a few more weeks...or so.
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more later...on the VIX