Thursday, 29 April 2021

Just another new historic high

US equity indexes closed on a positive note, SPX +28pts (0.7%) at 4211. Nasdaq comp' +0.2%. Dow +0.7%. The Transports settled +0.9%.

SPX - daily5

VIX - daily3

Summary

US equities opened on a moderately positive, and it was enough for the SPX and Nasdaq comp' to print new historic highs. The opening gains were shaky though, with most indexes turning negative... if fractionally and briefly.

The afternoon saw a secondary swing upward, with the SPX settling at 4211, a level that many would have considered out of range for April, just a month or two ago.

Volatility was itself subdued, the VIX settling +1.9% to 17.61. Another weekly close under the key 20 threshold appears due.  
-

English Bluebells




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