Thursday 1 July 2021

Q3 begins positive

US equity indexes closed on a positive note, SPX +22pts (0.5%) at 4319. Nasdaq comp' +0.1%. Dow +0.4%. The Transports settled +1.3%. 

SPX - daily5

VIX - daily3

Summary

July, Q3, and the second half began on a positive note, with the SPX breaking a new historic high of 4320. The 4400s look pretty easy by late July/early August.

Volatility was subdued, the VIX settling -2.2% to 15.48.
-

A fine summers day


A Sundog


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