Monday 29 March 2021

Mixed Monday

US equity indexes closed rather mixed, SPX -3pts (0.1%) at 3971. Nasdaq comp' -0.6%. Dow +0.3%. The Transports settled -0.5%.

SPX - daily5

VIX - daily3

Summary

US equities opened on a weak note, despite positive Asian and European markets. The SPX cooled to 3943, before recovering into the mid afternoon.

Meanwhile...

 

A vaccine passport is necessary to get to the moon?
-


The sp'4100s are certainly realistic within April.

The late afternoon saw considerable minor chop, with the SPX coming within just 2pts of recent historic highs. Volatility was relatively muted, the VIX pushing to 21.60, but cooling back to settle +10.0% to 20.74.
-

Bullish spring flowers


14c/57f... as summer 2021 is coming!


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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com