Monday 27 September 2021

Mixed Monday

US equity indexes closed very mixed, SPX -12pts (0.3%) at 4443. Nasdaq comp' -0.5%. Dow +0.2%. The Transports settled +0.9%. R2K +1.5%

SPX - daily5

VIX - daily3

Summary

US equities opened a little choppy, and remained that way across the day. Indexes were rather mixed though, with broad strength in the Transports and R2K, whilst the Nasdaq and SPX mostly leaned weak.

Volatility picked up, but the gain was largely technical (due to the new week), the VIX settling +5.7% to 18.76.

WTIC appears set to clear the key $77.00 threshold, with the R2K to follow with a bullish breakout. If both are seen, it gives high confidence for year end/early 2022.
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A brisk autumn evening


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

Goodnight from London
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