Tuesday 20 July 2021

Tuesday bounce

US equity indexes closed very significantly higher, SPX +64pts (1.5%) at 4323. Nasdaq comp' +1.6%. Dow +1.6%. The Transports settled +2.0%.

SPX - daily5

VIX - daily3

Summary

US equities opened choppy, if leaning on the upward side, building very significant gains into the early afternoon. Monday's opening gap was fully filled, with the closing hour printing sp'4336, if cooling back to 4323.

Volatility cooled back, the VIX settling -12.3% to 19.73. 
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Sunset... before the storm


Full moon is this Friday


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

Goodnight from London
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