Closing Brief

US equities closed somewhat mixed, sp +2pts @ 2126 (intra high 2128). The two leaders - Trans/R2K, settled +0.7% and -0.4% respectively. Near term outlook offers a retrace to the sp'2090/80 zone - along with VIX 15/16s, before renewed upside into August.


sp'60min

Summary

... and another week comes to a close in the twisted casino.

We've climbed from sp'2044 to 2128 in just six trading days, with the VIX getting crushed from 20.05 to 11.77. A retrace is arguably due across next Mon-Tue.

Have a good weekend
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*the usual bits and pieces across the evening to wrap up the day.