US equity indexes closed rather mixed, SPX +5pts (0.1%) at 4405. Nasdaq comp' +0.1%. Dow -0.2%. The Transports settled -1.2%.
SPX - daily5
VIX - daily3
Summary
US equities opened broadly lower, but all the bears could manage was sp'4367, which was notably a precise fill of a minor legacy price gap. From there.. the market rallied (if choppy).
Meanwhile...
There is much to be said for spending a little time watching the Alaskan bears.
LIVE feed:
The afternoon saw the SPX see considerable chop, printing 4417 in the closing hour, and settling fractionally higher at 4405. Friday will be OPEX, and we have to expect considerable chop into the weekend.
Volatility picked up, the VIX printing 24.74, if cooling back to settle +0.5% to 21.67.
I will just add, for the 'crash callers' out there, go stare at the above SPX chart for a good thirty minutes. We have a series of higher highs and higher lows, and that sure ain't bearish, is it?
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Goodnight
from London
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