Closing Brief

US equities indexes closed moderately higher, sp +14pts @ 2077 (intra high 2082). The two leaders - Trans/R2K, settled higher by 0.1% and 0.2% respectively. Near term outlook offers renewed weakness into the Thursday/weekly close, as the Greek drama continues.


sp'60min

Summary

*closing hour...gains built into the close... somewhat surprising
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Suffice to say... early gains to sp'2082... but notable cooling to 2069 as the market remains very vulnerable to sporadic 'spooky Greek news'.

The sp'2050s look due again... before the market has an opportunity for sustained upside.
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more later.. on the VIX