Closing Brief

US equity indexes closed moderately mixed, sp -3pts @ 2060. The two leaders - Trans/R2K, both settled higher by 0.1%. Near term outlook remains bullish into January 2016. The only issue is whether the market can break new highs in some indexes.. and whether it can hold such gains.


sp'60min

Summary

*closing hour action: micro chop.. clearly leaning on the upside.. breaking a new cycle high of 2067.
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... and that concludes the Christmas trading week.

Certainly.. it was not particularly exciting, but then, there were some things worthy of attention.

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Meanwhile, the comedy continues from Mr Contrarian, aka, Gartman...

re:  WTIC Oil... '$34 is probably a low'.

Yeah... sure it is Mr G.   Sure it is... just like Gold will hold the recent low of $1045. lol
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*a daily wrap (VIX, indexes), will appear at 4pm EST.