Tuesday, 13 October 2020

Just a retrace

US equity indexes closed on a weak note, sp -22pts (0.6%) at 3511. Nasdaq comp' -0.1%. Dow -0.5%. The Transports settled -0.8%.




US equities opened a little choppy, leaning on the weaker side, and remained that way into the mid  afternoon.

With red equities, the US President not surprisingly made no mention of equities, although was again calling for stimulus...


New iPhones able to detect where all the bodies are buried?


The 2pm hour saw the SPX print 3500, with a little choppy upside into the close.

Volatility picked up... if only a little, the VIX settling +4.0% to 26.07.

The design always reminds me 'Salvage 1'

see: https://www.imdb.com/title/tt0078681/

Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London

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