Thursday, 4 June 2026

Upside reversal

US equity indexes mostly closed on a positive note, SPX +30pts (0.4%) at 7584. Nasdaq comp' -0.1%. Dow +1.7%. The Transports settled +1.4%. R2K +1.5%

SPX – daily

VIX – daily

Summary

US equities opened a little weak, but all the bears could manage was 7516, with a recovery to 7598, and settling at 7584. Volatility was a little mixed, the VIX printing an opening high of 16.44, but cooling back to settle -4.1% to 15.40. 

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Wednesday, 3 June 2026

Weak Wednesday

US equity indexes mostly closed on a weak note, SPX -56pts (0.7%) at 7553. Nasdaq comp' -0.9%. Dow -1.2%. The Transports settled +0.05%. R2K -1.3%

SPX – daily


VIX – daily

Summary

US equities opened on a weak note, the SPX cooling to 7551. The afternoon saw a bounce to 7576, if ending on a broadly weak note, settling at 7553. Volatility picked up, the VIX printing 16.63, if cooling back to settle +1.8% to 16.06. 


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Tuesday, 2 June 2026

No downside power

US equity indexes mostly closed on a positive note, SPX +9pts (0.1%) at 7609. Nasdaq comp' +0.03%. Dow +0.4%. The Transports settled -0.3%. R2K +0.9%

SPX – daily


VIX – daily


Summary

Much like Monday... a lot of chop, but the SPX still printed a new hist' high of 7620, and settling fractionally higher at 7609. Volatility was a little lower, the VIX settling -1.7% to 15.77

Afternoon incoming

 

Nearing

 

Bullish lightning

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