Tuesday 8 June 2021

Stuck under SPX 4238

US equity indexes closed a little mixed, SPX +0.7pts (0.02%) at 4227. Nasdaq comp' +0.3%. Dow -0.1%. The Transports settled +0.3%.

SPX - daily5

VIX - daily3

Summary

It was another day of considerable minor chop. Equities opened a little higher, but the gains were shaky, with the SPX quickly turning negative... if only fractionally. 

The late morning saw a little cooling to 4208, but then a bounce back to fractionally positive, which was how the market mostly stayed across the afternoon.

Volatility was itself subdued, the VIX settling +4.0% to 17.07.
-

Four engines... still a rare sight


A fine June day


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

Goodnight from London
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