Tuesday 6 April 2021

Consolidation Tuesday

US equity indexes closed a little weak, SPX -4pts (0.1%) at 4073. Nasdaq comp' -0.05%. Dow -0.3%. The Transports settled -0.3%.

SPX - daily5

VIX - daily3

Summary

US equities opened in minor chop mode, and remained that way into the early afternoon. The SPX did manage a new (if fractional) historic high of 4086.

The afternoon saw further micro chop, if leaning on the fractionally weaker side, for what was just a day of bullish consolidation.

Volatility was subdued, the VIX settling +1.2% to 18.12.
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Golden sunshine and a snow shower


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

Goodnight from London
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