Closing Brief

US indexes closed higher for the fourth day in five, sp +8pts @ 1955.  The two leaders - Trans/R2K, settled +0.7% and +0.1% respectively. Near term outlook is for sp'1965/70 zone, before the first chance of a minor retrace. The 2000s look very likely in September.


sp'60min

Summary

A pretty tedious day, but then..most up days are.

Tomorrow is opex, and normally I'd look for chop across the day, but the near term trend is for further upside.

*I hold LONG overnight...seeking an exit into the weekend, from sp'1965/70.
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more later... on the VIX