Closing Brief

US equity indexes closed mostly subdued, sp -0.3pts @ 2088. The two leaders - Trans/R2K, settled u/c and +0.8% respectively. Near term outlook offers further upside into the 2100s, with new historic highs in the sp', Dow, and Nasdaq before year end.


sp'60min

Summary

*a touch of weakness into the close, but well above first support of the lower hourly bollinger @ 2078 or so.
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A daily range of 6.7pts... just 0.3%... not surprising though... as a lead into the holiday.

The smaller 15/60min cycles offer opportunity for minor weakness to the sp'2085/80 zone on Friday morning, but from there... renewed upside.. at least to the 2110/20s.

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To all my American readers out there... have a good Thanksgiving holiday break.

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*the usual bits and pieces across the evening.. to wrap up the day.