Friday 3 September 2021

Into the long weekend

US equity indexes closed a little mixed, SPX -1pt (0.03%) at 4535. Nasdaq comp' +0.2%. Dow -0.2%. The Transports settled -1.1%. R2K -0.5%

SPX - daily5

VIX - daily3

Summary

Equities saw a little early cooling to sp'4521 on weak jobs data, but then recovered to resume minor chop mode, as was very natural ahead of the long weekend.

Meanwhile...


It will make little difference to those on the streets of Philadelphia, that its a Labor day holiday weekend.
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Volatility was naturally subdued, the VIX settling u/c at 16.41.
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Somewhat busier skies


 

The literal... twilight zone


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

Goodnight from London
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