Equities markets acted relieved to hear today's closing bell - is that meaningful?

Or was it just me?! LOL - between technical trouble, family plans, going to the UPS Store and whatnot ... At least the distractions are mostly a good time. Every time I tried getting on Twitter it crashed my browser - a pain, but it turned out there really wasn't much to say, until the surprise drop mid-afternoon. Anyway, equities just lost steam and sagged but didn't lose key support. I'm working on a theory for the big picture that might see either chop or more weakness, perhaps into that December 21 time, and another high in March. Either a lower high or higher high. We're toying with important trendlines and levels as discussed in depth this weekend. I'm also open to the idea of a choppy wave upward to SPX 1133 by late December - a halfhearted Santa rally - and by this time feeling ready just to trade it on levels and look elsewhere for the real fun and games.

Like gold! Though I don't expect to post a chart analysis on it for another couple of days. I want to see how it moves - fow now, the drop on volume suggests it can be a meaningful top. If that's right then the next push up will be sold and start making a trend reversal pattern. This is only day 3 off the top so it's too soon to call.

So is it meaningful that equities were sluggish today? Frankly I think they did their main job intraday, staying over SPX 1102 and especially 1090. No harm no foul ... yawn! Probably will get more interesting tomorrow! - and bulls will need to get more aggressive pushing the indices up in order to spark more interest. There's a theory that large funds just want to maintain right now - if that's the way it plays then we may just see more choppy ("range") movement than trending between now and opex.