Wednesday, 15 September 2021

Building a floor

US equity indexes closed on a broadly positive note, SPX +37pts (0.8%) at 4480. Nasdaq comp' +0.8%. Dow +0.7%. The Transports settled +0.9%.

SPX - daily5

VIX - daily3


Summary

US equities opened a little choppy, with the SPX turning fractionally red to 4438. From there, the market leaned increasingly upward, as we're building a floor from just above the 50dma.

Volatility was ground lower, the VIX settling -6.6% to 18.18.
-

A fine end to the day


Once more... into the twilight zone

 

Full moon is Sept'20th


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

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com