Friday, 20 November 2020

Leaning weak into OPEX

US equity indexes closed on a weak note, sp -24pts (0.7%) at 3557. Nasdaq comp' -0.4%. Dow -0.7%. The Transports settled -1.0%.






It was a day of considerable chop, if with some distinct cooling in the late afternoon into OPEX.

Volatility was subdued, the VIX settling +2.5% to 23.70. Whilst daily momentum is swinging back toward the equity bears/VIX bulls, s/t price structure is an equity bull flag... offering further new historic highs before end month.

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

Goodnight from London

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