US equity indexes closed rather mixed, SPX +4pts (0.1%) at 3943. Nasdaq comp' -0.6%. Dow +0.9%. The Transports settled +1.0%. The R2K +0.7%
SPX - daily5
VIX - daily3
Summary
US equities opened on a weak note, but all the bears could manage was cooling to the upper end of yesterday's gap to sp'3915. From there, the market slowly recovered into the late afternoon.
Meanwhile...
The sheep/serfs really should deem it Powell Bucks, but then very few of them will have heard of the Federal Reserve. If you told them such a name, they'd think it was Federal, and had Reserves. If only they knew!
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Volatility saw a high of 22.99, but settled -5.6% to 20.69.
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| Spring nears |
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| The Magnolias are ready |
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| Another very chilly day |
Extra charts in AH (usually around 5pm EST) @
https://twitter.com/Trading_Sunset
Goodnight
from London
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