Thursday 31 December 2020

2020 settles

US equity indexes settled 2020 on a positive note, SPX +24pts (0.6%) at 3756. Nasdaq comp' +0.1%. Dow +0.6%. The Transports settled +0.4%.

sp'daily5

 


VIX'daily3

 


Summary

US equities ended the year with considerable micro chop, leaning on the weaker side.

The afternoon saw further chop, but with a closing mini ramp to breaking a new historic high of sp'3760, and settling at 3756. On any basis... it was a day, week, month, quarter, and year for the equity bulls.

Volatility was naturally subdued, the VIX settling -0.1% to 22.75

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2020 settles


Considering the horror of this year, the following edited version is perhaps more appropriate...


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

Goodnight from London... and Happy New Year!
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