Thursday, 20 August 2026

The black candles played out

US equity indexes closed broadly lower, SPX -66pts (0.9%) at 7641. Nasdaq comp' -1.0%. Dow -1.3%. The Transports settled -0.4%. R2K -1.4%

SPX – daily

VIX – daily


Summary

Equities leaned weak across the day, the SPX settling broadly lower to 7641.

Volatility picked up, the VIX settling +6.5% to 16.01.

As I hold onto a thin thread of hope


The bigger they get... the hungrier they get

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Wednesday, 19 August 2026

Black candles all over the place

US equity indexes mostly closed a little higher, SPX +16pts (0.2%) at 7707. Nasdaq comp' +0.2%. Dow +0.2%. The Transports settled -0.2%. R2K +0.4%

SPX – daily

VIX – daily


Summary

Equities opened moderately positive, with the SPX pushing to 7643... an effective fill of teal gap. The afternoon saw some cooling to settle marginally higher at 7707. Today's candle is black, which bodes for a red Thursday. 

Volatility was ground lower, the VIX settling -6.0% to 14.98.  



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Tuesday, 18 August 2026

Gap down and churn

US equity indexes closed broadly lower, SPX -53pts (0.7%) at 7691. Nasdaq comp' -1.3%. Dow -0.2%. The Transports settled -1.6%. R2K -1.3%

SPX – daily

VIX – daily

Summary

Equities opened moderately lower, and then resumed micro chop mode into the late afternoon. The daily charts lean net bearish for Wed', and perhaps more so... Thurs'.

Volatility picked up, the VIX settling +4.3% to 15.84. 



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