Monday, 16 August 2021

Latter day recovery

US equity indexes closed a little mixed, SPX +11pts (0.3%) at 4479. Nasdaq comp' -0.2%. Dow +0.3%. The Transports settled +0.4%. R2K -0.9%

SPX - daily5

VIX - daily3

Summary

Equities opened weak, but sp'4437 was all the bears could muster. There was a rather typical post 11am recovery, with the SPX even printing a new historic high of 4480 in the late afternoon.

Meanwhile...

The US... making an exit

Volatility saw an early high of 17.71, but with the equity recovery, the VIX cooled back to settle +4.3% to 16.12.
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A fine end to the day


One of the few planes... DHL cargo.


One more sunset closer to...

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

Goodnight from London
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