Wednesday, 2 September 2026

Battling back upward

US equity indexes mostly closed on a positive note, SPX +35pts (0.5%) at 7666. Nasdaq comp' +0.4%. Dow +0.6%. The Transports settled -0.3%. R2K +1.2%

SPX – daily

VIX – daily

Summary

Equities battled upward, the SPX settling moderately higher at 7666.
S/t structure is a baby bull flag, leans bullish for Thursday.

Volatility was ground lower, the VIX settling -7.0% to 15.20. 



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Tuesday, 1 September 2026

September begins red

US equity indexes closed broadly lower, SPX -56pts (0.7%) at 7631. Nasdaq comp' -1.0%. Dow -0.8%. The Transports settled -2.5%. R2K -1.2%

SPX – daily

VIX – daily

Summary

Equities opened broadly lower, with the SPX cooling to 7627. There was a bounce to 7663, but a secondary wave to 7611, and settling at 7631.

Volatility picked up, the VIX settling +9.5% to 16.34.  
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The construction continues


Another piece of my park... fenced off


As the days are ever shorter


Parakeets on their way home... somewhere to the south.




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Monday, 31 August 2026

August settles

US equity indexes closed on a weak note, SPX -25pts (0.3%) at 7886. Nasdaq comp' -0.1%. Dow -0.7%. The Transports settled -0.4%. R2K -0.6%

SPX – daily

VIX – daily

Summary

US equities opened a little weak, settling moderately lower. 

Volatility picked up, but the gain was largely technical, the VIX settling +3.4% to 14.92.   
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Peacock Butterfly

 

Two more hatched today

 

The sun sets on August 
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