US equity indexes mostly closed on a weak note, SPX -15pts (0.2%) at 6395. Nasdaq comp’ -0.7%. Dow +0.04%. The Transports settled -1.9%. R2K -0.4%
sp’60min
Summary
closing hour action: leaning upward. S/t momentum settled marginally negative.
Awaiting earnings from $NDSN $CAAP $BBAR $COTY $AAPG $TLX $UFI
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… and that concludes a Wednesday. A net bearish day. The s/t cyclical setup favours the bulls… but the micro 5/15min cycles lean net bearish… as does the bigger daily cycles are bearish.
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notable bond yield proxy: TNX
Yields a little lower… ahead of Powell-Friday.
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notable bond ETF: TLT
Bonds… a little higher.
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notable crypto: Bitcoin
+1.0% at $114K
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notable crypto: XRP
+11cents at $2.97
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Day’39. Have a good evening
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more later on the VIX and Indexes by 6pm EDT