Tuesday 26 January 2021

Tuesday chop

US equity indexes closed on a weak note, SPX -5pts (0.1%) at 3849. Nasdaq comp' -0.1%. Dow -0.1%. The Transports settled -1.6%.

sp'daily5

 


VIX'daily3

 


Summary

US equities opened on a positive note, with the SPX printing a new historic high of 3870. The gains were shaky from the start though, and there was an opening reversal, with some cooling to 3847.

The afternoon saw considerable chop, if leaning on the weaker side.

Volatility was subdued, the VIX settling -0.7% to 23.02.


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

Goodnight from London
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