Friday 30 July 2021

July settles

US equity indexes ended July on a weak note, SPX -23pts (0.5%) at 4395. Nasdaq comp' -0.7%. Dow -0.4%. The Transports settled -0.1%. R2K -0.6%

SPX - daily5

VIX - daily3

Summary

US equities opened broadly weak, pressured by other world markets, and renewed chatter about restrictions. Price action was very choppy, if mostly leaning on the weaker side.

Meanwhile...

A day for the bears
 

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The afternoon saw considerable chop, if leaning on the weaker side.

Volatility picked up, the VIX settling +3.0% to 18.24.

... and that concludes July.
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Bullish moody skies


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

Goodnight from London
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