Closing Brief

US equities closed somewhat mixed, sp +0.8pts @ 2080 (intra low 2072). The two leaders - Trans/R2K, both settled lower by around -0.3%. Near term outlook offers further weakness to the 200dma (2046 and rising), but that will not be easy as the USD remains in a cooling phase.


sp'60min

Summary

*closing hour was a little weak, but clearly, nothing significant. It does keep open the door to renewed weakness tomorrow.
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So, a bit of a 'moderately mixed' close... sp'500 managing to close fractionally higher.


meanwhile...

TGT...  messy situation...

No buybacks.... market ain't so happy.
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more later... on the VIX