Monday 9 August 2021

Monday chop

US equity indexes mostly closed a little mixed, SPX -4pts (0.1%) at 4432. Nasdaq comp' +0.2%. Dow -0.3%. The Transports settled -1.2%.

SPX - daily5

VIX - daily3

Summary

US equities opened in minor chop mode, with the SPX taking a little swing to 4424, before leaning back upward to 4438. 

Meanwhile...


For many... it was just another day within a waking nightmare. Some might argue its the fault of the left, others... the right, but it is clear, most want to pretend it ain't happening across the streets of America.
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The afternoon saw considerable micro chop, with the SPX settling fractionally lower. Volatility was itself subdued, the VIX settling +3.5% to 16.72.
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Moody golden skies

Another sunset closer to the autumn


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

Goodnight from London
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