US equity indexes closed broadly lower, SPX -47pts (1.1%) at 4400. Nasdaq comp' -0.9%. Dow -1.1%. The Transports settled -0.8%.
SPX - daily5
VIX - daily3
Summary
US equities opened a touch weak, with the SPX cooling to 4440.
Meanwhile...
Who doesn't like ice-cream? Congratulations to the US populace, whom after almost two decades, thousands of dead military, and a few trillion dollars, have this iconic picture as a result of their leaving.
If only some of that capital had instead been spent at home...
But hey, I'm well aware many are more thirsty for war, than for trying to solve some of the societal problems.
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The afternoon saw further minor chop, with the market seeing a post FOMC-minutes spiral to 4397, and settling at psy'4400.
Volatility was subdued into the mid afternoon, with the VIX spiking upward, and settling +20.4% to 20.57. The s/t setup favours the bears, not least with tomorrow being a Thursday.
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| Another day closer |
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Goodnight
from London
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