Thursday, 1 April 2021

Historic highs into Easter

US equity indexes closed broadly higher SPX +46pts (1.2%) at 4019. Nasdaq comp' +1.8%. Dow +0.5%. The Transports settled +0.8%.

SPX - daily5

VIX - daily3


Summary

US equities began April/Q2 on the most bullish note possible, breaking a new historic high. From giant psy' 4K, there was algo-bot upward melt, that stretched into the late afternoon.

Meanwhile...

 

Bullish creation

There are a fair few cams set up... here is just one. Search on YT for the others!



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The closing hour saw the SPX print a new historic high of 4020, and settling at 4019.

Volatility was naturally subdued into the Easter break, the VIX settling -10.7% to 17.33.
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Bullish silhouettes


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

Goodnight from London
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