3pm update - minor chop into the close

There is little reason why the broader market will do anything different in the last hour of today. A daily close in the low sp'1960s... with 1975/80 viable by the early Thursday close. Trading vol' will remain increasingly light.. ahead of the 3 day July'4 weekend.


sp'60min

Summary

*I don't much like the attached count on the hourly, but its all I got right now.
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I'm somewhat dismissive of even the 1940s this week.

Regardless, primary trend is UP... and market looks set for few weeks higher. I'm still guessing 2000 is out of range..at least in the current multi-week up cycle.
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Notable strength: RIG, +1.3%.. and the 48/50 zone remains viable in July.
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3.05pm.. New QE schedule

We have sig' QE tomorrow of $3bn.. so.. that will most certainly help the bulls tomorrow