US equity indexes closed moderately weak, sp -6pts @ 2066 (intra high
2074). The two leaders - Trans/R2K, settled lower by -0.9% and -0.8%
respectively. Near term outlook offers the sp'2020/15 zone... once
rising trend/support (sp'2055 at the Tuesday open) has been broken.
sp'daily5
Nasdaq comp'
Summary
Little to add.
The broad upward trend from the Feb'11th low remains intact.
However, a 4-5% retrace for all indexes is due.
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a little more later..