Friday 6 August 2021

Chop into the weekend

US equity indexes mostly closed a little higher, SPX +7pts (0.2%) at 4436. Nasdaq comp' -0.4%. Dow +0.4%. The Transports settled +0.5%.

SPX - daily5

VIX - daily3

Summary

The week ended with considerable chop, but once again, it was enough for the SPX, Dow, and NYSE comp' to break new historic highs. 

Meanwhile...

Another historic day for SpaceX


A successful 'fitting test'

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The late afternoon saw considerable equity micro chop. Volatility was very subdued, the VIX settling -6.5% to 16.15, reflective of a very comfortable mainstream.
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Sunshine and showers

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

Goodnight from London
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