Closing Brief

US equities closed moderately mixed, sp -3pts @ 1933 (intra low 1928). The two leaders - Trans/R2K, settled u/c and -0.8% respectively. Near term outlook is for the sp'1950/55 zone, with slight opportunity of a straight run to the 1965/70 zone.


sp'60min

Summary

*I added a fib' extrap - linking the 1904/44 zone, best case for the bulls is probably the 1965/70 threshold, but that seems 'difficult'.
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..and a somewhat tedious day in market land comes to a close.

There really isn't much to add.

A two day bull flag... and we're set for the 1950s tomorrow.

*I hold long overnight, seeking the 1950s.
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more later.. on the VIX