Closing Brief

US equities saw a rather significant intraday reversal, with the sp' swinging from a new historic high of 1968 to 1948, and settling -12pts @ 1950. The two leaders - Trans/R2K, settled lower by -0.8% and -1.0% respectively.


sp'60min

Summary


...time for another kick off.
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Suffice to say, an interesting late afternoon.

That was quite a good reversal, and it does bode for the 1940/35 either tomorrow or Thursday.

Regardless though.. the primary trend remains... UP.
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*as for WFM - my personal train wreck, it managed to at least hold the floor, despite the falling market.
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more later, on the VIX