Wednesday, 25 March 2026

Black candle ahead of a Thursday

US equity indexes closed on a positive note, SPX +35pts (0.5%) at 6591. Nasdaq comp' +0.8%. Dow +0.7%. The Transports settled +0.6%. R2K +1.2%

SPX - daily



VIX - daily



Summary

US equities opened broadly higher, but there was an stall from resistance, the SPX maxing out at 6633. From there... cooling to 6568, and settling at 6591.

Volatility was mixed, the VIX printing an early low of 24.82, and settling -6.0% to 25.33.
-

Sunny, but a cold 5c/41f

 

Bullish sunset

 

... as the war continues.




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Tuesday, 24 March 2026

A mixed Tuesday

US equity indexes closed mixed, SPX -24pts (0.4%) at 6556. Nasdaq comp' -0.8%. Dow -0.2%. The Transports settled +1.3%. R2K +0.5%

SPX - daily



VIX - daily


Summary

US equities opened moderately lower, with the SPX printing 6525. There was a not-entirely surprising turnaround, recovering to 6595, if settling moderately lower at 6556. 

Volatility picked up a little, the VIX printing an early high of 27.94, and settling +3.1% to 26.95. 

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Monday, 23 March 2026

TACO Monday

US equity indexes closed significantly higher, SPX +74pts (1.1%) at 6581. Nasdaq comp' +1.4%. Dow +1.4%. The Transports settled +1.3%. R2K +2.2% 

SPX - daily



VIX - daily




Summary

US equity futures were broadly lower at 11.04am GMT (7.04am EDT).
Then Trump posted...


 
 
Futures spiked, with the SPX briefly +200pts or so.
 
The market opened sig' higher... the SPX printing 6651, cooling to 6565. The afternoon saw a secondary push upward, settling at 6581. 
 
Volatility was itself pretty wild, the VIX printing an early low of 23.87, bouncing to 26.83, and settling -2.3% at 26.15.
 
 
The land of terrorist attacks 

 
 


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