Monday 30 August 2021

Net bullish Monday

US equity indexes closed rather mixed, SPX +19pts (0.4%) at 4528. Nasdaq comp' +0.9%. Dow -0.2%. The Transports settled -0.5%. R2K -0.4%

SPX - daily5

VIX - daily3

Summary

It was a mixed start to the week, as whilst some indexes settled net lower, the SPX did manage to print yet another new historic high. By default, a new historic high made it a net bullish Monday.

Volatility was itself very subdued, the VIX settling -1.2% at 16.19.


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

Goodnight from London
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