Closing Brief

US equity indexes closed moderately mixed, sp -4pts at 2550. The two leaders - Trans/R2K, settled +0.6% and -0.1% respectively. Near term outlook offers basic target of the micro gap of 2540/37 before the weekend. The 2474/61 gap zone remains a technical necessity, before a more viable chance of the 2600s.

sp'60min

Summary

closing hour action: leaning distinctly on the weaker side, breaking a new intraday low.
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Despite some weakness into the close, with the sp'500 and the Transports breaking new historic highs, it was still a day for the equity bulls.

I will continue to drone on.... 2474/61 remains a 'technical necessity'... but I am broadly bullish, and my original year end target of 2683 remains just about within reach.
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Here in London...

Have a good evening
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more later on the VIX and Indexes by 6pm EST