US equities closed somewhat mixed, sp -0.9pts @ 2089. The two leaders -
Trans/R2K, settled +0.8% and -1.1% respectively. Near term outlook
remains seeking a break lower... with at least the sp'2050s viable next
week. Primary target by Nov' opex will be around the sp'2000 threshold.
sp'daily5
Trans
Summary
Little to add..
All equity indexes are due a retrace, having seen a massive ramp across the last 5 trading weeks.
First target is the sp'2020/00 zone.. which frankly.. is not that bold a target.
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a little more later...