Wednesday, 26 August 2026

More micro chop

US equity indexes mostly closed a touch lower, SPX -1pt (0.02%) at 7675. Nasdaq comp' -0.1%. Dow -0.2%. The Transports settled +0.6%. R2K -0.1% 

SPX – daily


VIX – daily


Summary

US equities saw yet another day of micro chop, with the SPX settling almost precisely flat. 

Volatility remained subdued, the VIX settling -1.5% to 15.21.  



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Tuesday, 25 August 2026

Tedious micro chop

US equity indexes closed a little higher, SPX +24pts (0.3%) at 7677. Nasdaq comp' +0.7%. Dow +0.3%. The Transports settled +0.1%. R2K +0.5%

SPX – daily

VIX – daily


Summary

Equities opened on a positive note, but all the bulls could manage was 7686, cooling to 7650, and settling at 7677.

Volatility was itself very subdued, the VIX settling -2.5% to 15.45.
-

Spiky


21c/70f... another Goldilocks day


Bullish trees




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Monday, 24 August 2026

Leaning weak

US equity indexes mostly closed on a weak note, SPX -21pts (0.3%) at 7652. Nasdaq comp' -0.8%. Dow +0.3%. The Transports settled -0.6%. R2K -0.7% 

SPX – daily


VIX – daily

Summary

US equities opened on a weak note, and whilst there was numerous micro bounces... all the were sold into, settling marginally lower at 7652. 

Volatility picked up... if mostly due to the new week, the VIX settling +4.8% to 15.85 
-

Skyward


Sometimes... my timing is very good

 

Full moon is Friday




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