Tuesday, 20 April 2021

A second day of cooling

US equity indexes mostly closed lower, SPX -28pts (0.7%) at 4134. Nasdaq comp' -0.9%. Dow -0.7%. The Transports settled +0.6%.

SPX - daily5

VIX - daily3

Summary

US equities cooled for a second day, the SPX printing 4118, but recovering to settle at 4134. Volatility picked up, the VIX printing 19.70, and settling +8.0% to 18.68. 

For now, there is zero reason to see the past two days as anything other than a sporadic cooling wave from last Friday's historic high of 4191.
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Summer is coming


Full moon will be April'26th


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

Goodnight from London
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