Monday, 12 April 2021

Minor chop

US equity indexes mostly closed a little weak, SPX -0.7pts (0.02%) at 4127.99. Nasdaq comp' -0.4%. Dow -0.2%. The Transports settled +0.3%.

SPX - daily5

VIX - daily3


Summary

It was a day of considerable minor chop, if leaning mostly on the weaker side. However, the SPX still managed a new historic (if fractional) high of 4131 in the closing hour, a reminder of underlying m/t strength.

Volatility was a little higher, if mostly due to it being a new week, the VIX settling +1.3% to 16.91.
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7c/44f... a chilly spring day


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

Goodnight from London
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