Closing Brief

US equity indexes closed somewhat mixed, SPX +32pts (0.5%) at 6664. Nasdaq comp’ +0.7%. Dow +0.4%. The Transports settled -0.2%. R2K -0.8%

sp’60min

Summary

closing hour action: new hist’ high of 6671. S/t momentum settled marginally positive.

… and that concludes the week. It was a net bullish day to end a net bullish week. The s/t cyclical setup favours the bears.

notable bond yield proxy: TNX

Yields were broadly higher for a third day.

notable bond ETF: TLT

Higher yields > lower bonds.

notable crypto: Bitcoin

-1.6% at $115K

notable crypto: XRP

-8cents at $3.00

Have a good evening

more later on the VIX and Indexes by 6pm EDT