US equity indexes closed on a positive note, SPX +60pts (0.9%) at 6834. Nasdaq comp’ +1.3%. Dow +0.4%. The Transports settled +0.2%. R2K +0.8%
sp’60min
Summary
closing hour action: a little cooling. S/t momentum is slowly weakening, settling on the moderately high side.
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… and that concludes the week. The s/t cyclical setup favours the bears, but we shouldn’t expect much in Christmas week.
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notable bond yield proxy: TNX
The US 10yr yield climbing to around 4.15%
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notable bond ETF: TLT
Higher yields > lower bonds
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notable crypto: Bitcoin
Crypto higher with the main market.
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Wherever you are… have a good evening
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More later on the VIX and Indexes, by 6pm EST