US equity indexes closed broadly higher, sp +13pts at 2307. The two
leaders - Trans/R2K, settled higher by 0.9% and 1.4% respectively. VIX settled -5.0% at 10.88. Near
term outlook offers a weekly close in the 2305/15 zone, with the 2340/50
zone viable in early March.
sp'daily5
VIX'daily3
Summary
It was a rather bullish day, with a trio of new historic index highs for the sp, dow, and nasdaq comp'
VIX is naturally subdued, and a weekly close in the 9s is now viable.
Goodnight from London