Thursday 26 August 2021

Do you hear the bells?

US equity indexes closed moderately lower, SPX -26pts (0.6%) at 4470. Nasdaq comp' -0.6%. Dow -0.5%. The Transports settled -0.7%.

SPX - daily5

VIX - daily3

Summary

US equities opened a little choppy, but leaned on the weaker side.

Meanwhile...

Q. Do you hear the bells?


A personal favourite, the masterful work from Djawadi...


Its been almost 2.5yrs since Game of Thrones concluded. The final season sure didn't please many, not least those on team Danerys, who were laughably shocked when she decided to burn Kings Landing. Many who support Monarchy, remain so surprised when those who believe they have the 'gods given birth rite to rule', turn on the very sheep/serfs who supported them.

 
We live in the most twisted of times, where the society/species has a severe case of mass psychosis. If you don't hear the bells ringing right now, you haven't been paying attention.
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The afternoon saw increasing weakness, not least on developing news of bombings in Afghanistan. Volatility picked up a little, the VIX settling +12.2% to 18.84.  


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

Goodnight from London
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