Closing Brief

US equities opened moderately lower (intra low sp'1911), but settled u/c @ 1920. The two leaders - Trans/R2K, settled -0.6% and +0.3% respectively. First target are the low 1960s, which seems viable early next week.


sp'60min

Summary

So.. was sp'1911 a key multi-week floor, completing the wave from 1991 ?

I believe so. Certainly, there is some provisional support via the VIX, and arguably also the R2K.

*I'm long from sp'1912 this morning, and looking for my next exit in the 1960s, which does seem very viable in the first half of next week.
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more later... on the VIX.