Closing Brief

US equity indexes closed somewhat mixed, sp -2pts @ 2125 (new historic high 2134). The two leaders - Trans/R2K, settled -2.0% and +0.2% respectively. Near term outlook remains broadly bullish, at least to the FOMC of June 17th.. which it would seem, will not see a rate hike.


sp'60min

Summary

*closing hour was a bit of a tease to the bears, swinging from sp'2131 to 2124, but yes.. in the scheme of things.. its nothing.
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A relatively quiet day in market land.

Certainly, with the sp'500 breaking a new historic high, there is little for the equity bears to be pleased about.

Transports remains very weak of course, but then one index does not maketh the market.
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more later... on the VIX