US equity indexes mostly closed on a weak note, SPX -20pts (0.5%) at 4402. Nasdaq comp' +0.1%. Dow -0.9%. The Transports settled -2.3%.
SPX - daily5
VIX - daily3
Summary
US equities opened on a weak note, and saw considerable chop into the late afternoon.
Meanwhile...
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Volatility was itself subdued, the VIX settling -0.4% to 17.97. The s/t cyclical setup favours the equity bears, not least for a Thursday.
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| One sunset closer |
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Goodnight
from London
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