Wednesday, 18 November 2020

Late day cooling

US equity indexes closed on a broadly weak note, sp -41pts (1.2%) at 3567. Nasdaq comp' -0.8%. Dow -1.2%. The Transports settled -0.7%.






US equities opened in minor chop mode, and churned into the mid afternoon. The 2pm hour saw increasing chop, with some distinct weakness into the close. 

Volatility picked up, the VIX settling +5.0% to 23.84. Thursday will inherently favour the equity bears... if only in early morning.

Extra charts in AH (usually around 5pm EST) @

Goodnight from London

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