Friday, 17 September 2021

Quad-Opex weakness

US equity indexes mostly closed broadly weak, SPX -40pts (0.9%) at 4432. Nasdaq comp' -0.9%. Dow -0.5%. The Transports settled -1.3%. R2K +0.01%.

SPX - daily5

VIX - daily3


Summary

US equities opened a little choppy, if leaning on the weaker side. The SPX cooled to 4433.. 2pts below the Tuesday low. 

Meanwhile...

What more do you need?
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The afternoon saw considerable chop, if still leaning weak to break a new cycle low of 4427, with considerable minor chop into the weekend.

Volatility was mixed, the VIX printing 21.51, if cooling back to settle +11.3% to 20.81. 
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A day for the bears

The last few days of summer 2021

 

89.1%. Full moon is Sept'20th


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

Goodnight from London
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