Closing Brief

It was a day of new historic highs, for the Dow, Trans, and sp'500, which settled +10pts @ 2063 (intra high 2071). With central banks continuing to meddle, the broader upward trend continues. Outlook is bullish into the low sp'2100s.


sp'60min

Summary

*the retrace zone of 1980/50 - from earlier this week now looks well out of range. Instead.. at best... perhaps the bears can retest the giant 2000 threshold. However, whether that occurs in December.. or not until Jan/Feb.. is very difficult to say.
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.. and thus concludes another week in market land.

I am really thankful for all the messages this week, especially emails.. it is always great to hear from you!

Sincerely... have a good weekend
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*a FULL set of updates across the evening, to wrap up the week.