Closing Brief

US equities ended the week having broken a new cycle low, settling -22pts @ 1906. The two leaders - Trans/R2K, settled -2.0% and -1.3% respectively. Near term outlook is still offering a test of the sp'1904 low.. before a significant bounce.


sp'60min

Summary

..and another bizarre week in market land comes to a close.

The week opened moderately higher at sp'1977.... but with a new low of sp'1906.. along with VIX 22s, the bears can get rather confident of how the rest of the year will proceed.

...for now.. that will suffice.

The usual updates to wrap up the week... across the evening.
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Have a good weekend everyone