Closing Brief

US equities closed moderately mixed, sp -2pts @ 2081. The two leaders - Trans/R2K, settled +1.0% and -0.4% respectively. Near term outlook offers threat of a minor retrace, but regardless of any such decline, the broader trend remains increasingly bullish... into the sp'2100s.


sp'60min

Summary

*closing hour action: continued micro chop, a touch of weakness into the close. Price structure on the smaller 15/60min cycles is offering a rather clear bull flag.
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Little to add.. on what was a rather subdued day.

With opex tomorrow, aside from a few individual stock movers... it almost feels like the weekend is already here.
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Meanwhile.. Joe Campbell is in the $2300s....

.. but more on that guy... later at 11pm EST.

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more later.. on the VIX