Thursday 5 August 2021

Clawing upward

US equity indexes closed on a positive note, SPX +26pts (0.6%) at 4429. Nasdaq comp' +0.8%. Dow +0.8%. The Transports settled +1.3%.

SPX - daily5

VIX - daily3

Summary

US equities opened a little higher, with the SPX pushing to 4423 in the early afternoon.

Meanwhile..

Another step closer to the moon, and beyond.

The afternoon saw considerable chop, with a closing hour mini burst to 4429, just 0.21pts shy of the recent historic high. Volatility was itself subdued, the VIX settling -3.8% to 17.28.


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

Goodnight from London
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